Tag: CBE

Net profits of banks in Egypt reach EGP 29.99bn in Q1 2021: CBE

Top 10 banks account for 87.84% of total profits recorded during Q1

Hossam Mounir

Egypt’s interest rates expected to remain unchanged for 5th consecutive CBE meeting

Urban inflation may rise gradually from 4.1% on an annual basis in…

Hossam Mounir

Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE

11% annual increase in remittances during March 2021 only

Hossam Mounir

Egypt’s gold reserves climb $281m in May: CBE

Net international reserves increase to $40.468bn in May

Hossam Mounir

CBE amends 2 initiatives supporting Egypt’s tourism industry

Initiatives aimed at financing replacement, renewal of hotels and transport fleets, payment…

Hossam Mounir

Egypt’s annual headline urban inflation declines to 4.1% in April 2021: CBE

Monthly headline urban inflation registers 0.9% in April 2021

Hossam Mounir

Financial position of banks in Egypt increases to EGP 7.3trn in February: CBE

Foreign investments in Egypt’s T-bills amount to EGP 313.68bn in March 2021

Hossam Mounir

Global economic stability continues with varying rates of recovery amid COVID-19: CBE

Egypt’s CDS spreads remain relatively low compared to most peers with similar…

Hossam Mounir

Egypt’s gold reserves climb $194m during April: CBE

Net international reserves increase to $40.343bn in April

Hossam Mounir

Egypt sees EGP 104.191bn increase in local currency bank deposits during March 2021: CBE

Foreign currency deposits see stability, while volume of foreign assets at CBE…

Hossam Mounir