Tag: CBE

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

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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…

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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…

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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,…

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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%

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Domestic public debt records EGP 4.205tr in end-March

Domestic debt records 79% of GDP, of which 86.4% is owed by…

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Egypt’s core inflation falls to 6-year low of 4.9% in August

EFG Hermes, Pharos forecast 1-2% interest rate cut at next MPC meeting

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EU, GIZ support CBE to establish comprehensive database for financial inclusion

‘We offer European expertise to MCIT for further elaboration of e-commerce Law,’…

Shaimaa Al-Aees Shaimaa Al-Aees

Banks issued over 31m e-payment cards in Egypt by end-2018: CBE

Largest ten banks in Egypt hold more than 81% of credit and…

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