Tag: CBE

CBE reveals most prominent bank financial safety indicators by 3Q2019 end

EGP 306bn increase in the total financial position of banks to reach…

Hossam Mounir Hossam Mounir

Egypt’s tourism revenues jumped by 6.7% in Q32019 YoY: CBE

To return to 2010 Egypt's tourism revenue rates, country must diversify tourism…

Nehal Samir Nehal Samir

Egyptian banking sector’s net profits reach EGP 60.758bn in September

Top five banks hold 48.98% of total profits, and biggest 10 gain…

Hossam Mounir Hossam Mounir

CBE postpones MPC meeting to 16 January to decide on interest rates

After four interest cuts since the beginning of 2019, analysts and bankers…

Hossam Mounir Hossam Mounir

Increased max ratio of loan premiums increases bank profits, may affect asset quality: Beltone

CIB, QNB, Credit Agricole, and ADIB are the main beneficiaries of the…

Hossam Mounir Hossam Mounir

CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income

The CBE decided to keep the maximum for personal housing loans at…

Hossam Mounir Hossam Mounir

HC expects CBE to cut interest 0.5% during its next meeting on 26 December

We expect annual inflation to rise in December to 7.3%, which is…

Hossam Mounir Hossam Mounir

ECG to complete its supervision of implementation CBE’s headquarters in NAC in 2021

The ECG said that the CBE headquarters in the NAC will be…

Shaimaa Al-Aees Shaimaa Al-Aees

Remittances from Egyptian expats hike to $6.7bn in 1Q20: CBE

Moreover, the remittances of Egyptian expats in September hiked about $2.3bn, recording…

Hossam Mounir Hossam Mounir

US dollar continues to trade below EGP 16

Why the US dollar broke the EGP16 barrier and where to next?

Hossam Mounir Hossam Mounir