Tag: Central Bank of Egypt

Egypt’s MPC maintains policy rates as forecasted by CI Captial

The Central Bank of Egypt (CBE) decided to keep its overnight deposit…

Daily News Egypt

CBE expected to hold steady interest rates on Thursday

The increase of interest rates will not decrease inflation because it did…

Hossam Mounir

CBE is ready to repay Egypt’s foreign obligations: Amer

We have large inflows of foreign exchange and strong reserves that will…

Hossam Mounir

Egypt’s banks achieved net profits of EGP 53.066bn until December: CBE

Egypt's five largest banks acquire 42.66% of total profits achieved by banks…

Hossam Mounir

Private sector acquires 66.3% of total bank loans to clients by December: CBE

Non-performing loans rate declines to 5.8% of total loans in banks, with…

Hossam Mounir

SWIFT announces Business Forum Egypt to discuss issues of financial sector

“As we continue to reform the banking sector, it is critical to…

Hossam Mounir

FX is not only indicator for assessing economy: Arqam Capital

Most of the foreign exchange (FX) flows to banks are being directed…

Mohamed Samir

Market awaits changes in bank leadership in mid April

Banks will present their recommendations to the CBE’s governor, since the law…

Hossam Mounir

CBE forces banks to notify it before providing foreign currency to government institutions

Banks are obliged to notify the CBE before providing foreign exchange for…

Hossam Mounir

$7bn BOP surplus by end of first half of FY2016/2017: CBE

Surplus includes $5.1bn generated after flotation

Hossam Mounir