Tag: CBE

CBE officials unveil reason to end mechanism of foreign investors funds’ transfers

Removal of limits on FX transactions restore confidence in banking sector: Negm

Daily News Egypt Daily News Egypt

Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism

Decision planned since flotation in November 2016, we aim to direct investment…

Hossam Mounir Hossam Mounir

EGP liberalisation eliminated all FX shortage

Egypt's payments balance achieved overall surplus of $12.8bn, 5.1% of GDP for…

Hossam Mounir Hossam Mounir

FocusEconomics forecast CBE cut overnight deposit rate to 14.25% in CY 2019, 11.71% in CY 2020

Total investment to grow10.5% in FY 2019, 9.9% in FY 2020

Mohamed Samir Mohamed Samir

Credit facilities granted by banks to clients increase by EGP 28.2bn in Q3 2018

Private business sector obtains 61.3% of these facilities, industry sector benefit most,…

Hossam Mounir Hossam Mounir

EU strengthens CBE’s efforts on financial inclusion, banking supervision

Egyptian women’s financial inclusion also high priority, number of initiatives being implemented…

Hossam Mounir Hossam Mounir

Egypt shares to move sideways as CBE leaves interest rates on hold

EGX30 closed almost flat last week as foreign investors book gains awaiting…

Daily News Egypt Daily News Egypt

CBE floats €675m T-bonds on Monday

Bonds bear maturity of 364 days, due on 12 November 2019

Hossam Mounir Hossam Mounir

CBE reviews interest rates on Thursday

MPC cut interest rates twice this year, kept them unchanged during 4…

Hossam Mounir Hossam Mounir

CBE to apply new obligatory entrepreneurship certification for bankers

Bank currently preparing another certification for business development services

Hagar Omran Hagar Omran