Tag: Central Bank of Egypt

Egypt’s foreign debt jumps to $88.1bn end-March: CBE

Local public debt rose by EGP 122.1bn in Q1 2018

Hossam Mounir

CBE reveals several important indicators of performance of banks during Q1 2018

More than EGP 39bn increase in volume of deposits, EGP 85.2bn in…

Hossam Mounir

Defaulting clients visiting government banks to settle their debts

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

Hossam Mounir

Does Egypt need more external borrowing?   

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

Hossam Mounir

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…

Hossam Mounir

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…

Hossam Mounir

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,…

Hossam Mounir

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,…

Daily News Egypt

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%

Hossam Mounir

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…

Hossam Mounir