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
New Banking Law requires 25 banks, 4 foreign branches to raise capital
Banks such as IDB, ABE, ELAB, EBE do not fall under the…
US dollar loses over EGP 1 of its value since start of year
Expectations for US dollar to reach EGP 16.5
Banking draft law will not impose term limits on state-owned banks’ board members: source
The source explained, in a statement to the Middle East News Agency,…
Pundits expect CBE to hold interest rates unchanged on Thursday
April's inflation slowdown is temporary, may pick up again by end-May: analysts,…
Egypt’s domestic debt exceeds EGP 4tn in December 2018: CBE
The CBE said in its monthly report on Tuesday that the domestic…
Banking draft law to be sent to parliament for approval before end-May: source
It stipulates establishment of committee chaired by prime minister to maintain stability…
Egypt’s external debt rises to $96.6bn by end of December: CBE
Egypt's external debt rose to $96.6bn by the end of December 2018,…
Twenty-nine foreign, domestic investors offer to invest $1.25bn in Egyptian T-Bills
CBE accepts 23 offers worth $1bn with 3.85-3.9% interest
CBE considers amending primary dealers system to encourage secondary debt market
Proposals include activating bonds market maker, allocating share of dealers to secondary…
