Banks implement CBE’s initiative delaying loan instalments for individuals, companies
CBE included microfinance sector in the initiative on Monday
Initiative to postpone loan installments for 6 months applies to regular, irregular individuals, institutions: CBE
Initiative includes clients of financial leasing, real estate, factories , SMEs, personal…
Foreign investments in Egypt T-Bills increase $1.56bn in February: CBE
Net foreign assets up EGP 75.1bn in 7 months, credit facilities rise…
Slashing interest rate protects real estate industry from COVID-19
CBE’s decision to cut interest rate by 3% is a very proactive…
CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively
The CBE added that issuing the prepaid cards to citizens will be…
Remittances in Egypt reach $26.8bn in 2019: CBE
The CBE added that remittances in the second half (2H) of 2019…
Limited interest rate reductions on banks’ certificates despite CBE rate cut
NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…
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…
CBE cuts interest rate by 3% in emergency MPC meeting
CBE has taken strong measures in anticipation of possible impacts of global…
CBE takes measures against Coronavirus, repercussions on economy
MSMEs loan installments postponed for six months without fines