Tag: The Central Bank of Egypt

Falling inflation allows another interest cut: Beltone Financial

Despite rising interest rates in emerging markets, Egypt's strong outlook, exchange rate…

Hossam Mounir Hossam Mounir

Average of 30-40 bps cut in banks’ net interest margin expected following CBE cuts: Beltone

Lengthening durations of assets while shortening those of liabilities are key defense…

Mohamed Samir Mohamed Samir

Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them

BM considering fate of 17% certificates, other savings vessels, says El-Damaty

Hossam Mounir Hossam Mounir

CBE directs banks to stop granting credit facilities to medium companies within 12% initiative

Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…

Hossam Mounir Hossam Mounir

Egypt’s bank deposits rise EGP 55bn in November 2017: CBE

The Central Bank of Egypt (CBE) announced that total bank deposits rose…

Daily News Egypt Daily News Egypt

Wave of large cuts in bank interest rates on deposits, loans starting Sunday

Banks operating in the local market started on Sunday a wave of…

Hossam Mounir Hossam Mounir

CBE activates electronic link between Egyptian banks, COMESA countries

The Central Bank of Egypt (CBE) held a workshop attended by 60…

Daily News Egypt Daily News Egypt

CBE asks banks to monitor some customer accounts

The Central Bank of Egypt (CBE) requested that banks operating in the…

Daily News Egypt Daily News Egypt

Egypt continues to reap the benefits of rebalancing, reform programme: HSBC economists

Country set out on the process started more thanover a year ago.

Daily News Egypt Daily News Egypt

CBE warns against dealing in Bitcoin

Cryptocurrencies lack guarantee and official government support as opposed to official currencies:…

Hossam Mounir Hossam Mounir