Tag: Central Bank of Egypt

Banks record EGP 8.2bn increase in deposits in November: CBE

Banks also saw a EGP 2.3bn increase in loans during the same…

Hossam Mounir

Pound devaluation supports economy, promotes tourism, foreign investment: Prime

We should increase the supply of dollars and encourage Egyptians abroad to…

Mohamed Ayyad

Inflationary wave hits markets after dollar value appreciates to EGP 9.15 in exchange offices

CI Capital has predicted a high average inflation rate, ranging between 11%…

Mohamed Ayyad

CBE cannot be asked to bear more than it can to solve: El-Kosayer

The CBE is not responsible for providing the dollar; it is responsible…

Hossam Mounir

CBE Deputy Governor clarifies regulators on dollar cap increse

Officers from banking operations expressed uncertainty regarding several features of the new…

Hossam Mounir

Asset managers expect balanced funds to dominate in 2016

Appeal of balanced funds grew following diminishing investment opportunities in monetary and…

Mohamed Ahmed

We will not put depositors’ money at risk by investing in stock market: Banks

Foreign banks prevent branches from investing in stock market, Egyptian banks resort…

Hossam Mounir

CBE regulations on retail bank loans expected to boost car payments through direct instalments

Customers will escape from banking restrictions, says Honourary Chairman of AMIC

Ahmed Amer

CBE discusses ways to increase MSMEs’ funding with banks

Banks are currently preparing their infrastructure to begin implementing CBE initiative

Hossam Mounir

CBE fixes prices of basic yield

The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided…

Hossam Mounir