Tag: Central Bank of Egypt

Egypt’s bank deposits up by 15.3% end-November 2018: CBE

Deposits in EGP increase by 16.9%, foreign currencies deposits grow by 9.4%

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CBE limits mortgage initiative to low-income after earmarked EGP 20bn runs out

NBE, HDB, Banque Misr, Banque du Caire, IDB top list of banks…

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Price of US dollar against pound nearly stable on Tuesday after two-day decline

US currency recovers less than half piaster of 30 piasters it lost…

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Gold value listed in FX reserves growth curbs reserves decline in December 2018

FX reserves gold value increased by $104m, foreign currencies down by $2.068bn

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International, local financial institutions offer to invest $934.1m in Egyptian T-bills

Interest rate accepted by CBE grew to maximum of 3.8%, minimum of…

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Egypt’s foreign reserves down to 42.551bn in December: CBE

Egypt’s foreign currency reserves fell to $42.551bn in December, down from a…

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Foreign assets deficit continues to widen in banks

Exit of foreign capital from emerging economies trailed in October at slower…

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Credit facilities granted by banks to their clients increased by EGP 25.3bn in October

Private business sector covered for 61% of total credit facilities, industries among…

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Government-owned, private banks reduce investments in T-bills by EGP 31.2bn in November 2018: CBE

Foreign banks working in Egypt take different stance, increase investments by EGP…

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CBE unlikely to extend initiative to settle bad debts

Weak turnout by defaulters, 6 months enough for those who want to…

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