Tag: Central Bank of Egypt

Trade balance deficit increases by 38.8% YoY in July: CAPMAS

Egypt's trade balance continues to face a deficit, despite the state announcements…

Menna Samir

Credit cards increase to 2.575 million by end of June: CBE

16.242m debit cards issued by banks operating in Egyptian market until mid-2015…

Hossam Mounir

Will Amer change Ramez’s monetary policy and exchange market management?

Analysts expect the new governor to amend some of Ramez's decisions

Daily News Egypt

Tarek Amer, new guardian of the Egyptian pound

Expectations of a decline in dollar price on parallel market after departure…

Hossam Mounir

More than EGP 39bn increase in volume of deposits in July: CBE

Banks support their allocations to meet doubtful loans and reduce its investments…

Hossam Mounir

28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits

The CBE raised the Deposit Operation mechanism on Monday, in order to…

Hossam Mounir

$63.27bn worth of international trade between Egypt and world in 9 months: CBE

The US and China are Egypt’s largest trading partners, the UAE is…

Hossam Mounir

United Bank seeks new, strong banking entity: Abdel Hamed

The bank aims to finalise bad debts portfolio, spread its branches and…

Hossam Mounir

Government plans to borrow EGP 281.5bn from banks in coming 3 months

Finance ministry to issue treasury bills worth EGP 199.5bn, bonds worth EGP…

Hossam Mounir

Foreign investments in Egyptian treasury bills amount to EGP 500m in June 2015: CBE

Foreign investment in government debt instruments is too little compared to before…

Hossam Mounir