Tag: Central Bank of Egypt

Banks operating in Egypt are strong, safe: CBE

NPLs down to 3.9% of total loans by end-2018

Hossam Mounir Hossam Mounir

Banks supported their capital by EGP 9.69bn in 2018: CBE

Value of financial position of Egyptian banking sector’s units increases by EGP…

Daily News Egypt Daily News Egypt

Banks’ net profits increase to EGP 70.2bn by end-2018

Ten biggest banks account for 63.9% of sector’s total profits, while 5…

Hossam Mounir Hossam Mounir

Egyptian market expects another interest rate cut on Thursday

Several factors favour cut, others weigh on fixing, final decision is in…

Hossam Mounir Hossam Mounir

EGP 735.59bn bank investments in T-bills by end-December 2018: CBE

Banks supported their securities portfolio with EGP 202.23bn in 2018

Hossam Mounir Hossam Mounir

CBE excludes beans, rice, lentils from monetary insurance required for import

The Central Bank of Egypt (CBE) issued on Thursday new directives regarding…

Hossam Mounir Hossam Mounir

Fate of inked banknotes remains vague

Rumours of banning banknotes with handwritings on them, banks deny, CBE silent

Hossam Mounir Hossam Mounir

CBE imposes sanctions on 28 currency exchange companies in 2018

Procedure came as result of violations to CBE’s regulations, conditions

Hossam Mounir Hossam Mounir

CBE approves issuing EGP 870.3m worth ‘Aman’ certificates

NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March…

Hossam Mounir Hossam Mounir

CBE interest rate cut won’t benefit automotive market: experts

Decline was limited, will not stimulate car sales, say banks

Nour Ahmed Nour Ahmed