Tag: CBE

CBE confirms financial soundness of banks operating in Egypt

Banking sector’s financial position reaches EGP 6.165trn, capital adequacy ratio increases to…

Hossam Mounir Hossam Mounir

CBE offers EGP 15bn worth T-Bills on Thursday

The first tranche of the T-Bills will be offered through 182-day notes…

Daily News Egypt Daily News Egypt

CBE reviews interest rate amid expectations to remain unchanged

No strong prospects for inflationary pressures off of rising electricity prices or…

Hossam Mounir Hossam Mounir

CBE extends EGP 100bn initiative to new medium-sized enterprises

The initiative was set up to provide loans at a decreasing interest…

Daily News Egypt Daily News Egypt

Financial position of banks in Egypt up EGP 648.9bn in 1Q-3Q FY2020: CBE

Net foreign assets decline by EGP 171.5bn in March, foreign investments in…

Hossam Mounir Hossam Mounir

Emerging markets experience sharpest capital outflow in March since 2008: CBE

Monetary and fiscal stimulus policies, structural reforms cushion negative consequences of coronavirus…

Hossam Mounir Hossam Mounir

Annual core inflation slows to 1.5% in May: CBE

Last month’s inflation reading below expectations, so interest rates may remain fixed…

Hossam Mounir Hossam Mounir

CBE receives 26 offers to invest $720m in T-Bills auction

The CBE accepted 20 offers worth a total of $509.3m, with interest…

Hossam Mounir Hossam Mounir

CBE offers $500m worth T-Bills on Monday

Proceeds to cover a previous offer worth $715m issued on 11 June…

Hossam Mounir Hossam Mounir

US dollar continues appreciation against EGP: CBE

The appreciation in the US dollar also pushed the prices of Arab…

Daily News Egypt Daily News Egypt