Tag: Central Bank of Egypt

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

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

Balance of payments runs $1.9bn surplus during Q1 of current FY: CBE

The CBE explained in a statement on Thursday that capital and financial…

Hossam Mounir

CBE dismisses rumours of Tarek Amer’s resignation

Amer will willingly complete his four-year constitutional term

Hossam Mounir

Finance Minister signs cooperation protocol with CBE

An electronic system for financial transactions will help implement the ministry's plans,…

Daily News Egypt

Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

Hossam Mounir

CBE’s new mobile banking regulation will create new business opportunities for Egyptian banks: Moody’s

There are significant growth opportunities for mobile banking in Egypt

Mohamed Samir

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

Hossam Mounir

Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

Hossam Mounir