High interest rate hinders banks in Egypt from obtaining foreign loans
Foreign institutions require high return interest rates of 5.5%, which is unsuitable…
Banks lack clear vision in application of capital conservation buffer ratio
The capital conservation buffer ratio is intended to strengthen a bank's main…
Amer denies plans to devalue Egyptian pound after its price falls in informal market
While the dollar is scarce, trader's speculation has also driven inflation, says…
International purchase of treasury bills falls to lowest since 2011: CBE report
The CBE will institute a hedging mechanism with a unified dollar exchange…
NBE loans EGP 1bn to 1,734 micro and small-sized enterprises in February, March 2016
The bank provided EGP 23.4bn to 48,000 SMEs through of March 2016
Prime Holding publishes recommendations on reducing Egypt’s $60bn import bill
Egypt can reduce its value of imports by $20bn, the paper suggests
Banking expert warns against further EGP devaluation, unless CBE is prepared
The CBE should have enough dollar liquidity to control the market, otherwise…
Analysts expect further EGP devaluation against dollar
Analysts cannot predict the timing and percentage of devaluation
CBE assigns $120m for importation of food commodities before Ramadan
This move comes within the framework of the bank's readiness to meet…
Islamic banks face challenges associated with managing liquidity: CBE deputy governor
Negm added that the government reissuing bonds when they are due will…