Tag: CBE

Deposits up by EGP 30bn, loans down by EGP 13bn at end of July: CBE

Deposits amount to EGP 3.07tn against EGP 1.405tn of loans

Hossam Mounir Hossam Mounir

World Bank sends $125m to CBE as part of development of Upper Egypt loan

We are looking to start the implementation of the programme immediately, we…

Mohamed Ayyad Mohamed Ayyad

How Egyptians coped with soaring prices???

Egypt, a country with a population of 90m, where more than 28%…

Mohamed Samir Mohamed Samir

Amer receives Best Central Bank Governor title for 2017

The governor of CBE was honoured on the sidelines of the IMF…

Hossam Mounir Hossam Mounir

CBE increases funds allocated for mortgage initiative to EGP 20bn

The families of army and police martyrs and the injured are exempted…

Hossam Mounir Hossam Mounir

CBE launches women’s programme to lead future in cooperation with NCW Egypt

We aim to make an Egyptian programme 100% depending on the abilities…

Hossam Mounir Hossam Mounir

CBE raises banks’ reserve requirement

The Central Bank of Egypt (CBE) decided to raise the reserve requirement…

Mohamed Samir Mohamed Samir

Egypt Auto sales decline by 39% YTD 2017 compared to 2016

1.5-1.6 L engine cars registered at 52% of the total passenger cars…

Mohamed Samir Mohamed Samir

Foreign exchange reserves up by $392m at end of September

Volume of foreign currency liquidity up by $365m, gold up by $30m:…

Hossam Mounir Hossam Mounir

Banks in Egypt issue 2 million credit cards during H1 2017: CBE

The number of debit cards jumped to 17,562 million cards in June…

Hossam Mounir Hossam Mounir