Tag: The Central Bank of Egypt

CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir

CBE’s Monetary Policy Committee convenes to decide on interest rates

Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…

Hossam Mounir

CBE considers engaging contracting sector in EGP 100bn initiative

Abdel Raouf added that attention must be paid to distributing the funds…

Shaimaa Al-Aees

CBE reveals February 2020 data for banks operating in Egypt

Financial position of banks operating in local market touches EGP 6trn, deposits…

Hossam Mounir

Egypt’s NIR decline to $37bn in April: CBE

Bank honours all of its external obligations amounting to around $1.6bn

Daily News Egypt

CBE receives 31 bids to invest $1.095bn in T-Bill auction

25 offers worth $975.4m were accepted

Hossam Mounir

CBE offers $800m in 1-year treasury bills on Monday

Proceeds cover a previous tender, worth $1bn, offered in May 2019

Hossam Mounir

CBE highlights financial soundness indicators of local banking sector

Bank profits reach EGP 83.184bn last December: CBE

Hossam Mounir

CBE highlights banks’ financial safety indicators

Bank profits reached EGP 83.184bn at end of December: CBE

Hossam Mounir

CBE issues new controls on loan instalment postponement

In March, the CBE issued regulations due to the coronavirus oubtreak allowing…

Hossam Mounir