Tag: CBE

Issuance of executive regulation for e-payments law within weeks: CBE

Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor

Hossam Mounir

Remittances from Egyptian expats rose to $4.4bn in July and August: CBE

Remittances of Egyptians working abroad are one of Egypt's most important foreign…

Hossam Mounir

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir

Egypt’s foreign trade increases to $95bn in FY 2018/19: CBE

Egypt's imports scored $66.529bn, while exports reached $28.495bn between July 2018 and…

Hossam Mounir

EGP to average EGP 17.11 against US dollar in FY 2020/21: CI Capital

CBE to keep rates on hold in November, December

Doaa Elboraie

Egypt’s external debt jumps to $108.bn end-June: CBE

The CBE noted that debt services reached $13.4bn in fiscal year 2018/19,…

Hossam Mounir

Sigma Capital sees CBE cutting reserve requirement from 14% to 10% again

This step after low inflation leads to an increase in money supply…

Hossam Mounir

20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative 

8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…

Hossam Mounir

Egypt’s Long-term external debt at 87%: Amer

13% of short-term debts are deposits from Arab countries that are renewed…

Hossam Mounir

CBE issues new regulations for microfinance in banks

Excluding credit portfolios purchased from micro finance companies or associations in 20%…

Hossam Mounir