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,…
Nile Pioneers sponsors 2018 NASA ‘Space Apps Challenge’ in Cairo
CBE places technology as key driver to achieve financial inclusion, enhance entrepreneurial…
CBE’s governor calls for recovery of Africa’ smuggled funds
Amer, Lagarde co-chaired African Consultative Group meeting in Bali
CBE’s renewal of repurchase agreement with international banks to provide some support for FX reserves: Beltone
Company expects local currency will stabilise against dollar for rest of 2018,…
NPLs fall to 4.3% of total loans at end June 2018: CBE
Provisions to combat doubtful debts amounted to EGP 109.294bn in H1
CBE enters $3.8bn financing agreement with consortium of international banks
The Central Bank of Egypt (CBE) agreed to enter into a new…