Tag: CBE

Do cryptocurrencies have a future in Egypt?

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

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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…

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

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

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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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Egyptian banks make EGP 59.075bn profits in 2017: CBE

Top 5 banks accounted for 47.424% of total profits, top 10 achieved…

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Egypt shares to extend upwards trajectory as CBE seen cutting interest rates

EGX30 records best weekly gains since December 2016 in heavy trade

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International bonds push Egypt’s foreign reserves to $42.524bn at end-February

Egypt recorded the highest foreign reserves in its history at $42.524bn at…

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