Tag: Central Bank of Egypt

Defaulting clients visiting government banks to settle their debts

Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…

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Does Egypt need more external borrowing?   

Egypt's lack of control over foreign debt could cause negative pressure on…

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Banks invested EGP 650bn in T-bills until end of March 2018: CBE

Government banks invested EGP 333bn, private banks invested EGP 279.8n, foreign banks…

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Governmental banks start receiving defaulting clients’ requests to settle debts in implementation of CBE initiative

Initiative benefits companies whose debts are less than EGP 10m, individuals without…

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CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals

Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…

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CBE to launch innovation support fund worth EGP 1bn in H1 2019: CBE deputy governor

Banks injected EGP 85bn to fund SMEs within CBE’s initiative thus far,…

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Egyptian banks’ aggregate financial position breaks $5tn end-March 2018: CBE

EGP 24.376bn total profits in market, top five banks account for 64.875%

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We are continuing to move economy, Egyptian people to unprecedented place: CBE governor

President showed great courage in face of challenges, giving us support to…

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CBE offers $715m worth of T-Bills

Offering's proceeds to cover earlier offering made on 16 June 2017

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Total bank credit facilities increase by EGP 60.5bn in 7 months

Private business sector accounts for 61.3% of total facilities, notably industrial field,…

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