Tag: Central Bank of Egypt

Limited response from banks to CBE’s move to lower interest rates

ALCOs of banks operating in Egypt will hold intensive meetings Monday to…

Hossam Mounir

CBE lowers interest rates 1% for the first time since floatation

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to…

Mohamed Samir

Services sector 2nd largest beneficiary of bank loans: CBE

Private sector received 61.8% of banks’ total credit facilities by end-October 2017

Hossam Mounir

Loans up by EGP 10bn, deposits increase by EGP 42bn in October 2017: CBE

Total financial position of banks in Egypt scores EGP 4.795tn

Hossam Mounir

Will CBE cut interest rates on Thursday?

Amer hinted at imminent cuts, but linked them to curbing inflation first

Hossam Mounir

Global stock markets crisis will not affect Egypt’s bonds issuance: CBE

An official source at the Central Bank of Egypt (CBE) said that…

Mohamed Samir

CBE governor reveals secret of FX reserves hike in January 2018

CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down…

Hossam Mounir

Foreign reserves hit record high of $38.21bn at end-January 2018

Volume of foreign currency liquidity up $1.036bn, gold up $135m, says CBE

Hossam Mounir

CBE issues standard criteria for accepting electronic payment using QR Code

Standard criteria is a new step towards digital economy and contributing to…

Hossam Mounir

CBE offers treasury bills worth $7850m

Tender proceeds to cover previous tender on 10 January 2017 worth $888.8m

Hossam Mounir