Tag: CBE

Egypt shares likely to move upwards as CBE extends easing cycle

EGX30 among region’s best performer in Q1; rises 16% to 17,450 points

Elsayed Solyman Elsayed Solyman

Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them

BM considering fate of 17% certificates, other savings vessels, says El-Damaty

Hossam Mounir Hossam Mounir

CBE cuts interest rates 100 bps for 2nd time in 2018

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided to…

Hossam Mounir Hossam Mounir

Do cryptocurrencies have a future in Egypt?

The Central Bank of Egypt (CBE) has also warned against dealing in…

Daily News Egypt Daily News Egypt

CBE to review interest rates on Thursday

Market uncertainty over expected MPC decision, as inflation eases, interest on dollar…

Hossam Mounir Hossam Mounir

CBE directs banks to stop granting credit facilities to medium companies within 12% initiative

Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…

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UNB-E awaits CBE approval for appointment of ElSewerky as managing director

Ban’s net profit at end-2017 reached EGP 380m, up EGP 200m from…

Hossam Mounir Hossam Mounir

Egypt’s bank deposits rise EGP 55bn in November 2017: CBE

The Central Bank of Egypt (CBE) announced that total bank deposits rose…

Daily News Egypt Daily News Egypt

4.712m credit cards in Egypt by end-2017: CBE

Top 5 Egyptian banks account for more than 96% of POS, 69.48%…

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Non-performing loans fell to 4.9% of loans at end-2017: CBE

Banks allocated EGP 109.979bn to face NPLs, including EGP 68.175bn by top…

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