Tag: CBE

Total of 43 foreign, domestic investors offer to invest $970.6m in Egyptian T-Bills

CBE accepts 24 offers worth $715m with 3.85-3.88% interest

Hossam Mounir Hossam Mounir

New Era for Egypt: Ban on cryptocurrencies to be lifted

Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that…

Daily News Egypt Daily News Egypt

CBE’s mortgage finance interest rate projected to reach 8-12%

The Egyptian Real Estate Council proposed to set an interest rate of…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE allocates EGP 50bn for mortgage finance for middle-income people

A mini committee was formed including representatives of the CBE, banks operating…

Shaimaa Al-Aees Shaimaa Al-Aees

Al-Sisi appoints Fakhry Elfiky as CBE’s board member

Elfiky has a 35-year international experience in the fields of economic and…

Daily News Egypt Daily News Egypt

New Banking Law prohibits establishment or operation of platforms for issuing, circulating e-currencies without license

Law grants CBE's board right to issue regulation, circulation, dealing rules  with…

Hossam Mounir Hossam Mounir

CBE encourages banks to invest in funds for emerging small businesses

Decision comes complementary to previous efforts by CBE to support MSMEs, says…

Hossam Mounir Hossam Mounir

Banks’ credit facilities see EGP 206.7bn increase in last 8 months: CBE

Private enterprise sector denominates 60.8% of total facilities, with industry in lead

Hossam Mounir Hossam Mounir

New Banking Law requires 25 banks, 4 foreign branches to raise capital

Banks such as IDB, ABE, ELAB,  EBE do not fall under the…

Daily News Egypt Daily News Egypt

US dollar loses over EGP 1 of its value since start of year

Expectations for US dollar to reach EGP 16.5

Hossam Mounir Hossam Mounir