Tag: CBE

CBE reveals developments in commodity prices during February 2021

Annual food inflation remained broadly stable at -0.5% for second consecutive month

Hossam Mounir

Financial position of banks in Egypt approaches EGP 7trn in October 2020: CBE

Banks’ total capital reaches EGP 174.592bn, reserves EGP 314.082bn, provisions to nonperforming…

Hossam Mounir

CBE leads entrepreneurship in Egypt with NilePreneurs initiative

Despite challenges, Egypt is striving to create comprehensive national innovation system

Daily News Egypt

Egypt launches foreign exchange trading with instant settlement system on 22 March

New system shortens time frame to execute payments in foreign currencies between…

Hossam Mounir

Egypt’s foreign debt rises to $125.3bn in September 2020: CBE

Net foreign assets increase by EGP 125.9bn within four months

Hossam Mounir

Egypt’s net international reserves increase to $40.2bn in February: CBE

FX reserves increase by about $363m to $35.905bn in February

Hossam Mounir

Net foreign assets in Egypt banking sector up EGP 10.7bn in January: CBE

EGP 32.73bn increase in local currency deposits, foreign currency deposits rise to…

Hossam Mounir

CBE leads banking sector’s major role in supporting Egypt’s digital transformation efforts

Bankers, experts forecast e-payments will grow significantly in coming period

Hossam Mounir

Banks to inject EGP 117bn into MSMEs until 2022 end: CBE

Banks in Egypt required to increase financing to MSMEs to 25% of…

Hossam Mounir

Bank NPLs ratio in Egypt declines to 3.4% in September 2020: CBE

Banks set aside allocations to counter doubtful debts amounting to EGP 152.999bn

Hossam Mounir