Tag: Central Bank of Egypt

Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE

BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net…

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Egypt has no problem in paying off its debts and foreign obligations: CBE

Abulnaga ruled out the impact of interest rate cut on foreign investments…

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Meeza card’s transactions reach EGP 2.2bn until September: CBE

This came during the event organised on Monday by the British Egyptian…

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Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

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Egyptian banking sector awaits repercussions of interest rate cut

Banks will begin Sunday to discuss the fate of interest on their…

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CBE cuts interest rates by 1% in line of expectations

This is the second interest cut in a row following the 150…

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Strong expectations that  CBE’s basic interest rates will be cut by 50 to 150 basis points

MPC ecided at its meeting on 22 August 2019 to reduce the…

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Madbouly, Amer inaugurate 43rd session of Council of Arab Central Banks Governors, Arab Monetary Associations on Sunday

Meetings discuss latest economic, financial, monetary developments, banking supervision, financial stability, inclusiveness,…

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Banks issued over 31m e-payment cards in Egypt by end-2018: CBE

Largest ten banks in Egypt hold more than 81% of credit and…

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Egypt repaid $25bn of debt in two years: CBE

The CBE said in a recent report that these debts include $21bn…

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