Tag: CBE

Egypt has no problem in paying off its debts and foreign obligations: CBE

Abulnaga ruled out the impact of interest rate cut on foreign investments…

Daily News Egypt Daily News Egypt

Meeza card’s transactions reach EGP 2.2bn until September: CBE

This came during the event organised on Monday by the British Egyptian…

Hagar Omran Hagar Omran

Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

Hossam Mounir Hossam Mounir

Beltone forsees 0.5% interest rate cut in CBE’s coming meeting, 3% cut in 2020

We do not expect pressure on local currency after interest cut, exchange…

Hossam Mounir Hossam Mounir

Egyptian pound gains 5 piasters against the US dollar despite CBE’s interest rate cut

The average official price of the US dollar at the Central Bank…

Hossam Mounir Hossam Mounir

Banks allocate EGP 122bn to face doubtful debts until June 2019: CBE

Slight increase in non-performing loans at banks in 1H 2019, reaching 4.2%…

Hossam Mounir Hossam Mounir

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