Tag: Central Bank of Egypt

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

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

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Tarek Amer, new guardian of the Egyptian pound

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

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

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

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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…

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$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…

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United Bank seeks new, strong banking entity: Abdel Hamed

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

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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…

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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…

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Private sector acquires 61.9% of commercial credit facilities: CBE

The total facilities granted to the government by banks until the end…

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Financial inclusion in Egypt needs improvement: El-Khouly

The CBE needs to encourage greater financial inclusion, in addition to its…

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