Tag: CBE

International, local financial institutions offer to invest $934.1m in Egyptian T-bills

Interest rate accepted by CBE grew to maximum of 3.8%, minimum of…

Hossam Mounir

Egypt’s foreign reserves down to 42.551bn in December: CBE

Egypt’s foreign currency reserves fell to $42.551bn in December, down from a…

Daily News Egypt

Foreign assets deficit continues to widen in banks

Exit of foreign capital from emerging economies trailed in October at slower…

Hossam Mounir

Credit facilities granted by banks to their clients increased by EGP 25.3bn in October

Private business sector covered for 61% of total credit facilities, industries among…

Hossam Mounir

Government-owned, private banks reduce investments in T-bills by EGP 31.2bn in November 2018: CBE

Foreign banks working in Egypt take different stance, increase investments by EGP…

Hossam Mounir

CBE’s sets inflation target at 9% on average during Q4 of 2020

Core inflation slipped to 7.9% in November from 8.9% in October 2018,…

Fatma Elkholosy

CBE to review interest rates on Thursday as 2018 meetings conclude

Strong hopes rates to remain stable for 6th consecutive time; 16.75% for…

Hossam Mounir

CBE unlikely to extend initiative to settle bad debts

Weak turnout by defaulters, 6 months enough for those who want to…

Hossam Mounir

CBE reviews initiative to settle troubled debts: Amer

Initiative includes settlement of debts of 3,500 companies, 337,000 individuals

Hossam Mounir

CBE extends initiative to support tourism sector until end-December 2019

The Central Bank of Egypt’s (CBE) board of directors decided to extend…

Hossam Mounir