Tag: CBE

CBE increases value of its tourism support initiative to EGP 50bn

Bank to exempt pre-2011 defaulters in tourism sector from marginal interests on…

Nehal Samir Nehal Samir

Crédit Agricole Egypt transforms club memberships into prepaid cards

One-third of bank’s customers has beem registered in its e-services

Hossam Mounir Hossam Mounir

The Industry Support Initiative increases the rates of economic growth and GDP to 7.5% annually: CBE’s Deputy Governor 

The initiative will benefit about 96,000 factories that meet the conditions for…

Daily News Egypt Daily News Egypt

CBE offers $1bn in 1-year T-Bills

CBE floated five bill tranches worth $5.1432bn in 2019

Hossam Mounir Hossam Mounir

Amer starts second term in CBE by launching three initiatives to support industry, medium income housing

Directives from president to allocate EGP 100m for industry sector, EGP 50bn…

Hossam Mounir Hossam Mounir

Egypt’s FX reserves increase by $319m in November

 Gold reserves decline, SDR countered FX hike, curbing net foreign reserves increase…

Hossam Mounir Hossam Mounir

Egypt’s government, CBE prepare to launch manufacturing support initiative

The initiative is expected to be announced next Wednesday 

Hossam Mounir Hossam Mounir

Cooperation between the CBE, FRA, NTRA, AMLA to develop legislative framework for financial technology

Ayman Hussein, Sub Governor of CBE for Payment Systems and Information Technology,…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Five banks to begin collecting mortgage finance instalments electronically amid CBE initiative

277,000 customers in 15 banks and eight mortgage finance companies are to…

Hossam Mounir Hossam Mounir