Tag: Central Bank of Egypt

SME Banking Egypt 2016 begins on Monday under ‘Roadmap for the Future’

Daily News Egypt to monitor major challenges facing the banking sector and…

Hossam Mounir

NBE granted EGP 1.65bn to 2,663 small and very small enterprises over 4-month period: deputy chairperson

73% of the enterprises were granted loans to expand their activities, 27%…

Hossam Mounir

Local, international institutions offer to invest $1.5bn in treasury bills

Interest rate on bills stabilised at same level as the CBE's latest…

Hossam Mounir

Issued credit cards increased to 2.813m at December’s close: CBE

Top five banks operate 97% of electronic points of sale and 63.7%…

Hossam Mounir

CBE expects UAE deposit before end of May

The CBE's governor says Egypt has not received any deposits from abroad…

Hossam Mounir

CBE fixes dollar price in Tuesday auction, dollar remains stable in informal market

Through its weekly auction, the CBE sells dollars to banks working in…

Hossam Mounir

Banks operating in Egypt record EGP 35.88bn net profits in 2015: CBE

Non-performing loans fell to 6.8% of total, 99% of which are covered…

Hossam Mounir

CBE maintains EGP interest rate

The CBE interest rates are the main index for interest rates on…

Hossam Mounir