Tag: Central Bank of Egypt

International reserves reach $26.363bn in January, increase by $2.1bn 

The Central Bank of Egypt has announced on Sunday that Egypt’s international…

Mohamed Samir Mohamed Samir

IDWBE negotiates with international companies to reform administrative structure

I assumed chairmanship of the bank in April 2016 with deferred losses…

Hossam Mounir Hossam Mounir

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…

Hisham Salah Hisham Salah

CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes

The bank said in a statement on Thursday that it has printed…

Hossam Mounir Hossam Mounir

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%;…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

Government borrows EGP 1.121tn through bills, bonds during 2016

Ministry of Finance intends to borrow EGP 299.019bn from banks in Q1…

Hossam Mounir Hossam Mounir

EGP 27.4bn increase in total credit facilities granted by banks to clients during Q1 of FY 2016/2017: CBE

The private sector accounted for 59.6% of the total of these facilities…

Hossam Mounir Hossam Mounir

Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday 

Banks operating in the domestic market offered investments worth EGP 91bn of…

Hossam Mounir Hossam Mounir