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,…
EU strengthens CBE’s efforts on financial inclusion, banking supervision
Egyptian women’s financial inclusion also high priority, number of initiatives being implemented…
Egypt shares to move sideways as CBE leaves interest rates on hold
EGX30 closed almost flat last week as foreign investors book gains awaiting…
CBE reviews interest rates on Thursday
MPC cut interest rates twice this year, kept them unchanged during 4…
CBE to apply new obligatory entrepreneurship certification for bankers
Bank currently preparing another certification for business development services
Highest level of FX reserves in history reached by end of October
CBE: $86m increase in value of gold, foreign currencies balance down by…
Household sector accounts for 78.8% of total bank deposits by end of August 2018: CBE
Deposits growth rate at 18.79%, local currency deposits at 22%, foreign currencies…
Two years since currency floatation
Foreign exchange reserves up by $25bn, hard cash flow increased, inflation declined,…
Egypt’s average external debt per capita records $883.9 in June 2018: CBE
External debt up to $92.6bn in June 2018, $79.032bn in June 2017,…