Tag: CBE

Interest rate likely to be fixed during CBE’s Thursday meeting: HC Securities

Company expects CBE to continue trend toward reducing interest rate by end…

Hossam Mounir

Banking draft law to be sent to parliament for approval before end-May: source

It stipulates establishment of committee chaired by prime minister to maintain stability…

Daily News Egypt

US dollar continues decline below EGP 17 for first time in two years: CBE

The average price of US dollar in banks reached EGP 16.99 for…

Daily News Egypt

Pound appreciated 84 piasters since beginning of 2019: CBE

US currency is approaching EGP 17 against pound, as foreign exchange flows…

Hossam Mounir

CBE governor, communications minister discuss expanding banking services in villages

Amer witnesses signing cooperation protocol to train workers of banking sector in…

Hossam Mounir

Egypt’s external debt rises to $96.6bn by end of December: CBE

Egypt's external debt rose to $96.6bn by the end of December 2018,…

Hossam Mounir

Twenty-nine foreign, domestic investors offer to invest $1.25bn in Egyptian T-Bills

CBE accepts 23 offers worth $1bn with 3.85-3.9% interest

Hossam Mounir

CBE considers amending primary dealers system to encourage secondary debt market

Proposals include activating bonds market maker, allocating share of dealers to secondary…

Alyaa Stohy

World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin

Municipalities in Egypt should have clear detailed budgets first to be qualified…

Alyaa Stohy

Foreign currency deposits up $1.3bn in 1Q 2019 to $42.81bn

Local currency deposits up by EGP 88.1bn to EGP 2.531tn at end…

Hossam Mounir