Tag: The Central Bank of Egypt

CBE considers engaging contracting sector in EGP 100bn initiative

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

Shaimaa Al-Aees 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 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 Daily News Egypt

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

25 offers worth $975.4m were accepted

Hossam Mounir 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 Hossam Mounir

CBE highlights financial soundness indicators of local banking sector

Bank profits reach EGP 83.184bn last December: CBE

Hossam Mounir Hossam Mounir

CBE highlights banks’ financial safety indicators

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

Hossam Mounir Hossam Mounir

CBE issues new controls on loan instalment postponement

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

Hossam Mounir Hossam Mounir

January, February remittances increase by $1.3bn

The rise in remittances from workers abroad shows an increase rate of…

Daily News Egypt Daily News Egypt

CBE abolishes black lists, allows irregular customers dealings with banks

Banks given 3 months to filter databases, 12,000 companies, 320,000 citizens benefit…

Hossam Mounir Hossam Mounir