CBE’s Monetary Policy Committee convenes to decide on interest rates
Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…
CBE considers engaging contracting sector in EGP 100bn initiative
Abdel Raouf added that attention must be paid to distributing the funds…
CBE reveals February 2020 data for banks operating in Egypt
Financial position of banks operating in local market touches EGP 6trn, deposits…
Egypt’s NIR decline to $37bn in April: CBE
Bank honours all of its external obligations amounting to around $1.6bn
CBE offers $800m in 1-year treasury bills on Monday
Proceeds cover a previous tender, worth $1bn, offered in May 2019
CBE highlights financial soundness indicators of local banking sector
Bank profits reach EGP 83.184bn last December: CBE
CBE highlights banks’ financial safety indicators
Bank profits reached EGP 83.184bn at end of December: CBE
CBE issues new controls on loan instalment postponement
In March, the CBE issued regulations due to the coronavirus oubtreak allowing…
January, February remittances increase by $1.3bn
The rise in remittances from workers abroad shows an increase rate of…