CBE offers $800m in 1-year treasury bills on Monday
Proceeds cover a previous tender, worth $1bn, offered in May 2019
ECMA seeks CBE support for brokerage companies amid COVID-19 fallout
HC Securities adopts cost reduction policy, focuses on online transactions
CBE highlights financial soundness indicators of local banking sector
Bank profits reach EGP 83.184bn last December: CBE
CBE highlights banks’ financial safety indicators
Bank profits reached EGP 83.184bn at end of December: CBE
Egypt’s banks report EGP 83.18bn net profits in 2019: CBE
Top 5 banks account for 50.1% of sector’s total profits, top 10…
FEC urges CBE to reconsider cash withdrawal limit for companies
Instead, Berzi suggested that companies should no longer have these limits, since…
CBE issues new controls on loan instalment postponement
In March, the CBE issued regulations due to the coronavirus oubtreak allowing…
January, February remittances increase by $1.3bn
The rise in remittances from workers abroad shows an increase rate of…
Egypt’s annual core inflation on hold at 1.9% in March: CBE
The CBE added that its consumer price index (CPI) inched up to…
Egypt’s net international reserves retreat to $40bn in March amid global shocks
Bank directs $5.4bn to cover local hard currency needs, bridge gap from…