Tag: The Central Bank of Egypt

CBE calls on banks to reconsider limits of credit they grant clients

CBE issues regulations to benefit from covering debts of companies resulting from…

Hossam Mounir Hossam Mounir

CBE sets controls for its initiative to renovate tourism sector

Banks finance 75% of total replacement and renovation cost, clients bear the…

Hossam Mounir Hossam Mounir

CBE pumps EGP 2.5bn into United Bank’s capital

Supporting the bank’s capital is meant to support its ability to expand…

Hossam Mounir Hossam Mounir

CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate

Direction of interest rate depends on inflation and government strategy, say analysts

Hossam Mounir Hossam Mounir

CBE extends tourism sector support initiative until February 2018

The bank also decided to extend the retail loans initiative for employees …

Hossam Mounir Hossam Mounir

Foreign exchange reserves increase by $4bn to reach $23bn as of end of November

The Central Bank of Egypt (CBE) announced that its foreign exchange reserves…

Hossam Mounir Hossam Mounir

Banks secure $2.2bn to meet customers’ needs since pound flotation: cabinet

Banks have received $2.6bn as of Monday, says CBE governor

Mohamed Ayyad Mohamed Ayyad

CBE refutes rumours on changing banknote designs

The Central Bank of Egypt (CBE) denied rumours that it plans to…

Hossam Mounir Hossam Mounir

30% hike in inflation rate in short term: Beltone Financial

The Central Bank of Egypt (CBE) announced on Thursday that it is…

Hisham Salah Hisham Salah

CBE launches hotline for complaints on malpractices in currency trading

The Central Bank of Egypt (CBE) launched a call centre hotline on…

Hossam Mounir Hossam Mounir