Tag: CBE

Banque du Caire ready to go public at anytime: chairperson

Full coordination between board of directors of bank, its owner, CBE, Finance…

Hossam Mounir

CBE establishes financial inclusion information database

We aim to boost banking services’ beneficiaries, avoid duplication, says CBE

Hossam Mounir

Banknote issue up to 11.41% of GDP in June: CBE

CBE issued EGP 486.726bn in June 2018, up from EGP 474.941bn in…

Hossam Mounir

CBE alters banks’ granting of credit facilities to public business sector companies

New rules for banks dealing with companies engaged in financing instalment sales

Hossam Mounir

Credit facilities granted by banks in FY 2017/2018 score EGP 203.2bn

Private sector acquired 62% of facilities, industries at forefront, CBE stated

Hossam Mounir

FX Reserves up to $44.419bn end of August: CBE

Foreign currencies up by $167m, gold down by $23m

Hossam Mounir

Deposits up by EGP 11.8bn by end-July 2018: CBE

Volume amounted to EGP 3027.3bn up from EGP 3015.5bn at end of…

Hossam Mounir

Noticeable decline in bank deposit volumes in July 2018: CBE

EGP 4bn increase in domestic deposits, $493m increase in foreign currency deposits

Hossam Mounir

Non-intervention in exchange market contributed to maintaining FX Reserves: CBE

Interest rate cut on pound supported rise in real asset prices on…

Hossam Mounir

Banking sector stands firmly against violating its clients’ accounts’ secrecy

CBE governors strongly respond to statements to head of ETA on legislative…

Hossam Mounir