Egyptian remittances amount to $4.6bn in Q4 2016: CBE
Total remittances sent home from Egyptians working abroad rose during the period…
Gold value increases to $2.45bn in foreign exchange reserves by late January 2017
A report published by the CBE on Sunday revealed that foreign exchange…
International reserves reach $26.363bn in January, increase by $2.1bn
The Central Bank of Egypt has announced on Sunday that Egypt’s international…
IDWBE negotiates with international companies to reform administrative structure
I assumed chairmanship of the bank in April 2016 with deferred losses…
Increase of EGP 38.4bn in total credit facilities granted by banks to customers from July to October: CBE
The private sector acquires 59.6% of total credit facilities
The reason behind the rise of Egypt’s foreign currency reserves remains unknown
Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…
CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes
The bank said in a statement on Thursday that it has printed…
Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE
The share of the largest five banks of total deposits reaches 58.9%;…
Non-performing loans reach 5.9% by the end of September 2016: CBE
The private sector acquired 70% of total loans offered by banks to…
Government borrows EGP 1.121tn through bills, bonds during 2016
Ministry of Finance intends to borrow EGP 299.019bn from banks in Q1…