Tag: Central Bank of Egypt

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…

Hossam Mounir

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…

Hossam Mounir

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

Hossam Mounir

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…

Hossam Mounir

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…

Daily News Egypt

Foreign assets deficit continues to widen in banks

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

Hossam Mounir

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…

Hossam Mounir

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…

Hossam Mounir

CBE unlikely to extend initiative to settle bad debts

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

Hossam Mounir

CBE reviews initiative to settle troubled debts: Amer

Initiative includes settlement of debts of 3,500 companies, 337,000 individuals

Hossam Mounir