Tag: CBE

CBE starts EGX investment, raises hope of rebound 

EGX 30 index closed at 9,912.98 points, recording an increase of 7.68%.…

Alyaa Stohy

CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative

Initiative allows access to subsidised loans at declining 8% interest rate

Hossam Mounir

CBE offers 2-year hotel loans with 6-month grace 

Government halts administrative distraint on defaulters in tourism sector for one year

Hossam Mounir

NSB defers loan repayments for 6 months under CBE’s initiative

Vice Chairperson and CEO of NSB Sharif Farouk denied what was reported…

Hossam Mounir

CBE’s cut of overnight lending rate to revive automotive sector

Alaa El-Sabaa, a member of the Automotive Division of the Federation of…

Mohamed Al-Roubi

Banks implement CBE’s initiative delaying loan instalments for individuals, companies

CBE included microfinance sector in the initiative on Monday

Hossam Mounir

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…

Hossam Mounir

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…

Hossam Mounir

Slashing interest rate protects real estate industry from COVID-19

CBE’s decision to cut interest rate by 3% is a very proactive…

Shaimaa Al-Aees

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…

Hossam Mounir