Tag: CBE

CBE to discuss interest rates on Thursday

Expected rise in inflation means CBE likely to keep interest rates unchanged…

Hossam Mounir

Beltone expects CBE to keep interest unchanged

Investment bank expects inflation to temper at 13.3% in Q3 of 2019

Hossam Mounir

CBE launches service for instant bank account inquiry of deceased customers

Bank signs agreement to discuss situation of vehicles purchased by credit facilities

Hossam Mounir

Gold in FX reserves up by $69m in June 2019

FX reserves increased to $44.352bn end of May: CBE

Hossam Mounir

HC expects CBE’s MPC to keep interest rates unchanged

New electricity, fuel prices will hike monthly inflation: Saada

Hossam Mounir

BOP overall deficit records $351.2m in July/March of FY 2018/19

The CBE revealed that the current account deficit registered $7.6bn and the…

Daily News Egypt

CBE launches risk insurance company for exports to Africa before year-end

El-Shaarawy told Daily News Egypt that the bank is currently completing the…

Daily News Egypt

CBE confirms strength of banks’ financial positions by end of 1st quarter of this year

The CBE noted that banks secured provisions of 98% of total NPLs…

Hossam Mounir

Banks operating in Egypt post net profit of EGP 39.29bn end-March

Top 5 banks denominate 74.48% of profits, top 10 account for EGP…

Hossam Mounir

Banks’ credit facilities see EGP 226.6bn rise end of March, deposits up to EGP 3.930tn: CBE

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

Hossam Mounir