Tag: Central Bank of Egypt

Beltone expects CBE to keep interest unchanged

Investment bank expects inflation to temper at 13.3% in Q3 of 2019

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Gold in FX reserves up by $69m in June 2019

FX reserves increased to $44.352bn end of May: CBE

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HC expects CBE’s MPC to keep interest rates unchanged

New electricity, fuel prices will hike monthly inflation: Saada

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BOP overall deficit records $351.2m in July/March of FY 2018/19

The CBE revealed that the current account deficit registered $7.6bn and the…

Daily News Egypt Daily News Egypt

CBE confirms strength of banks’ financial positions by end of 1st quarter of this year

The CBE noted that banks secured provisions of 98% of total NPLs…

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New Era for Egypt: Ban on cryptocurrencies to be lifted

Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that…

Daily News Egypt Daily News Egypt

CBE allocates EGP 50bn for mortgage finance for middle-income people

A mini committee was formed including representatives of the CBE, banks operating…

Shaimaa Al-Aees Shaimaa Al-Aees

Al-Sisi appoints Fakhry Elfiky as CBE’s board member

Elfiky has a 35-year international experience in the fields of economic and…

Daily News Egypt Daily News Egypt

New Banking Law prohibits establishment or operation of platforms for issuing, circulating e-currencies without license

Law grants CBE's board right to issue regulation, circulation, dealing rules  with…

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Banks’ credit facilities see EGP 206.7bn increase in last 8 months: CBE

Private enterprise sector denominates 60.8% of total facilities, with industry in lead

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