Tag: Central Bank of Egypt

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

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

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Fate of inked banknotes remains vague

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

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CBE imposes sanctions on 28 currency exchange companies in 2018

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

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CBE approves issuing EGP 870.3m worth ‘Aman’ certificates

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

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

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

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EPG 489.138bn increase in banks’ deposits in 2018: CBE

Government’s deposits hit EGP 391.7bn, family sector deposited 66% of them

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Limited response from banks to CBE’s decision to cut interest in first week

Banks move interest on variable yield certificates, others cut interest on deposits,…

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CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

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Yields on Egypt’s T-Bonds down by 0.65-0.89%

Interest rates, accepted by finance ministry, on 3-year bonds fall between 16.4-16.58%,…

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International institutions acquired 30.7% of Egypt’s debts by end-June 2018

Debts to Arab countries reached $23.1bn or 24.9% of total external debts:…

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