Tag: Central Bank of Egypt

Over 5 million beneficiaries for loan installments postponement: CBE

Banks reveal initiative details initiative, microloans in trouble

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Banks implement CBE’s initiative delaying loan instalments for individuals, companies

CBE included microfinance sector in the initiative on Monday

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EGP 9.9bn worth of debt waived under initiative to settle individual debts less than EGP 1m

940,000 thousand customers are covered by the initiative, their total debts amount…

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CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

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Creating job opportunities essential job of central banks: CBE Deputy Governor

CBE supports economy with many initiatives in face of crises such as…

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Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE

Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%

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Local, international investors offer to invest $1.054bn in Egyptian T-Bills

The CBE rejected other offers from investors who requested an interest of…

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Egypt’s awaited banking law to revolutionise sector: Khodeir Partners co-founder

Khodeir’s comments came during a roundtable discussion held to tackle the banking…

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Household sector’s trend towards deposits of three-year term or more ongoing since 2018

Weighted return on new deposits declines in September 2019 to 11.5%, 16%…

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Egypt’s net foreign reserves increase to $45.456bn January-end: CBE

The January's figure is the highest in the history of Egypt and it covers…

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