Tag: interest

Limited response from banks to CBE’s decision to cut interest in first week

Banks move interest on variable yield certificates, others cut interest on deposits,…

Hossam Mounir Hossam Mounir

CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

Hossam Mounir Hossam Mounir

Strong expectations for new cut in pound interest on Thursday

MPC trimmed key interest rates by 2% since beginning of 2018 after…

Hossam Mounir Hossam Mounir

MIGA sees increased interest from foreign investors in Egypt this fiscal year: Keiko Honda

Agency looking to support projects in Egypt for domestic, export markets, says…

Nehal Samir Nehal Samir

Qalaa Holding logs EGP 311.7m losses in Q3 on high interest expenses

Company revenues up 38% on account of strong growth from energy subsidiaries 

Elsayed Solyman Elsayed Solyman

High interest rates are favourable for awaited state-run companies IPOs- report

Expensive borrowing costs make listing attractive for companies as they search new…

Daily News Egypt Daily News Egypt

Foreign investments back to Egypt as FX crunch fades away

Government’s steps to amend economy lure investors to pour fresh cash

Elsayed Solyman Elsayed Solyman

Egyptian banks benefit from strong net interest margin expansion: Arqaam Capital

Egyptian banking stocks have outperformed EGX30 by +10.5% year-to-date

Mohamed Samir Mohamed Samir

Banks ignore CBE decision to raise interest, keep rates unchanged

Next increase may be on short-term vessels, interest on certificates will not…

Hossam Mounir Hossam Mounir

Raising interest on the pound is for the benefit of all: CBE governor

The CBE does not consider specific entities when making decisions, Amer said…

Hossam Mounir Hossam Mounir