Tag: The Central Bank of 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

CBE implements measures to contain COVID-19 economic implications: IMF

Egyptian expat remittances, Suez Canal earnings, exports to fall

Hagar Omran Hagar Omran

CBE temporarily regulates cash deposits, withdrawals

CBE sets daily limit for cash deposits, withdrawals in branches of EGP…

Hossam Mounir Hossam Mounir

Initiative to postpone loan installments for 6 months applies to regular, irregular individuals, institutions: CBE

Initiative includes clients of financial leasing, real estate, factories , SMEs, personal…

Hossam Mounir Hossam Mounir

CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively

The CBE added that issuing the prepaid cards to citizens will be…

Hossam Mounir Hossam Mounir

Egypt’s gold reserves record $164m increase in February

Country’s net international reserves reach $45.51bn in February, compared to January’s $45.457bn:…

Hossam Mounir Hossam Mounir

CBE doubles mortgage finance share to 10% total loan portfolio at banks

Growth of the real estate sector contributes to the continuous improvement of…

Hossam Mounir Hossam Mounir

CBE reveals why Egypt’s inflation increased in January 

CBE said that monthly core inflation recorded 0.7% in January 2020 from…

Hossam Mounir Hossam Mounir

CBE offers $900m in T-bills on Monday

Proceeds to cover a previous bid floated on 12 February 2019 worth…

Hossam Mounir Hossam Mounir

Remittances up to $2.3bn in October: CBE

Remittances increased to $9bn in July-October 2019

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