Tag: The Central Bank of Egypt

CBE warns against dealing in Bitcoin

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

Hossam Mounir

FX reserves end 2017 at record high of $37.02bn

Forex reserves increased by $333m, despite payment of $3.2bn to Afreximbank, says…

Hossam Mounir

CBE reaches terms for $3.1bn financing from international banks

CBE repaid total sum of $2bn on November 9, honouring Repurchase Transaction…

Hossam Mounir

Linking Egyptian banks to COMESA supports economic relations, facilitates funds transfer: CBE Deputy Governor

Starting series of workshops to raise awareness of all state sectors of…

Hossam Mounir

CBE increases funds allocated for mortgage initiative to EGP 20bn

The families of army and police martyrs and the injured are exempted…

Hossam Mounir

CBE launches women’s programme to lead future in cooperation with NCW Egypt

We aim to make an Egyptian programme 100% depending on the abilities…

Hossam Mounir

CBE raises banks’ reserve requirement

The Central Bank of Egypt (CBE) decided to raise the reserve requirement…

Mohamed Samir

CBE announces new BoD of state-owned banks beginning of next week

Okasha for NBE, El-Etreby for BM, Fayed for Banque du Caire, Kamal…

Hossam Mounir

Can the banking sector achieve financial inclusion alone?

The CBE holds the largest international conference on financial inclusion from 13…

Hossam Mounir

CBE covered dollar needs worth $49bn since flotation

Dollar liquidity is directed to foreign trade financing and foreign companies' reparation…

Daily News Egypt