Tag: CBE

CBE postpones MPC meeting to 16 January to decide on interest rates

After four interest cuts since the beginning of 2019, analysts and bankers…

Hossam Mounir

Increased max ratio of loan premiums increases bank profits, may affect asset quality: Beltone

CIB, QNB, Credit Agricole, and ADIB are the main beneficiaries of the…

Hossam Mounir

CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income

The CBE decided to keep the maximum for personal housing loans at…

Hossam Mounir

HC expects CBE to cut interest 0.5% during its next meeting on 26 December

We expect annual inflation to rise in December to 7.3%, which is…

Hossam Mounir

ECG to complete its supervision of implementation CBE’s headquarters in NAC in 2021

The ECG said that the CBE headquarters in the NAC will be…

Shaimaa Al-Aees

Remittances from Egyptian expats hike to $6.7bn in 1Q20: CBE

Moreover, the remittances of Egyptian expats in September hiked about $2.3bn, recording…

Hossam Mounir

US dollar continues to trade below EGP 16

Why the US dollar broke the EGP16 barrier and where to next?

Hossam Mounir

CBE increases value of its tourism support initiative to EGP 50bn

Bank to exempt pre-2011 defaulters in tourism sector from marginal interests on…

Nehal Samir

Crédit Agricole Egypt transforms club memberships into prepaid cards

One-third of bank’s customers has beem registered in its e-services

Hossam Mounir