Tag: CBE

CBE authorises 28 banks to provide mobile payment services in Egypt: Amer

Subscribers reach 13.5 million by end-June, with a total value of transactions…

Hossam Mounir Hossam Mounir

Egyptian banking sector awaits repercussions of interest rate cut

Banks will begin Sunday to discuss the fate of interest on their…

Hossam Mounir Hossam Mounir

CBE receives 1.3 tonnes of gold from Sukari mine until August

Company sells about 70 kg of gold per month to CBE to…

Mohamed Adel Mohamed Adel

CBE cuts interest rates by 1% in line of expectations

This is the second interest cut in a row following the 150…

Daily News Egypt Daily News Egypt

Strong expectations that  CBE’s basic interest rates will be cut by 50 to 150 basis points

MPC ecided at its meeting on 22 August 2019 to reduce the…

Hossam Mounir Hossam Mounir

HC expects interest rate cut by 100 bps at CBE’s Thursday meeting

Inflationary pressures to ease dramatically following July’s subsidy lift, says Monette Doss

Hossam Mounir Hossam Mounir

Economists unanimously believe CBE will cut interest rates on Thursday

EFG Hermes’s Abu Basha foresees 0.5% cut, Pharos’ El-Swaify and Sigma expect…

Daily News Egypt Daily News Egypt

CBE prioritises financial inclusion in line with Egypt’s strategy for sustainable development 2030: Helal

Activities of Arab Financial Inclusion Day resulted in opening of 1m accounts…

Hossam Mounir Hossam Mounir

Madbouly, Amer inaugurate 43rd session of Council of Arab Central Banks Governors, Arab Monetary Associations on Sunday

Meetings discuss latest economic, financial, monetary developments, banking supervision, financial stability, inclusiveness,…

Hossam Mounir Hossam Mounir

Bank deposits up by EGP 95.471bn recording EGP 4.007tr in June

Banks’ credit facilities see EGP 224.7bn rise, private business sector holds 60.7%

Hossam Mounir Hossam Mounir