Banks race to implement CBE’s programme for funding SMEs
Both Banque Misr and the Industrial Development and Workers Bank of Egypt…
Banque Misr begins activating CBE initiative to finance SMEs with 5% yield
This springs from the bank's commitment to promoting economic development and contributing…
Local, international institutions offer to invest $1.168bn in treasury bills
The bills’ interest rate saw a 40 points increase compared to CBE’s…
Government sought to decrease $60bn bill by ‘banning luxurious products’
Around $26bn of Egyptian imports are categorised as “essential”
International foreign reserves ends in 2015 with a slight increase
CBE's international foreign reserves increase by $23m at the end of December
Government plans to borrow EGP 281.5bn from banks in next three months
Banks account for 75.5% of total releases of treasury bills and the…
Stock market expected to decline due to increase in interest rates
Stock exchange to face short wave of profits as a result of…
Egypt suffers under weight of excessive importing: Deputy CBE Governor
We spent $76bn on imports last year, of which $16bn did not…
CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer
The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…
Local, international institutions offer to invest $1.5bn in Egyptian treasury bills
The CBE accepted $1.1637bn of this liquidity