Tag: CBE

Limited interest rate reductions on banks’ certificates despite CBE  rate cut 

NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…

Hossam Mounir Hossam Mounir

EGP 9.9bn worth of debt waived under initiative to settle individual debts less than EGP 1m

940,000 thousand customers are covered by the initiative, their total debts amount…

Daily News Egypt Daily News Egypt

CBE cuts interest rate by 3% in emergency MPC meeting

CBE has taken strong measures in anticipation of possible impacts of global…

Hossam Mounir Hossam Mounir

CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

Hossam Mounir Hossam Mounir

CBE reviews efforts to support e-payment, FinTech systems

CBE launches Meeza, Non-Cash Payment Law, FinTech Regulatory Sandbox, e-collection of government's…

Hossam Mounir Hossam Mounir

Creating job opportunities essential job of central banks: CBE Deputy Governor

CBE supports economy with many initiatives in face of crises such as…

Hossam Mounir Hossam Mounir

CBE obliges banks to establish independent financial inclusion administrations

Administrations to report to each bank’s chairperson or his deputy

Hossam Mounir Hossam Mounir

After a year of NilePreneurs initiative, what accomplished so far?

‘We have necessary liquidity to realise youth’s ideas, dreams that contribute to…

Hossam Mounir Hossam Mounir

CBE meets 266 defaulters to settle EGP 63.6bn worth debts 

Negm said in a statement on Wednesday that the total debts of…

Hossam Mounir Hossam Mounir

Egypt’s gold reserves record $164m increase in February

Country’s net international reserves reach $45.51bn in February, compared to January’s $45.457bn:…

Hossam Mounir Hossam Mounir