Hossam Mounir

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CBE announces financial soundness indicators of Egyptian banking system during H1 2021

Total financial position of banking operating in Egypt increases to EGP 7.948trn

Hossam Mounir

Central Bank of Egypt reveals performance indicators of banking system in FY 2020/21

Total financial position of banks operating locally reaches EGP 1.54trn

Hossam Mounir

New protocol to facilitate payment instruments issuance for consumer finance companies

The Central Bank of Egypt (CBE) signed a cooperation protocol with the…

Hossam Mounir

Paid ‘protesto’ cases in Egypt decline 41.1% in 2020: CAPMAS

Protesto cases reach 3,205 in 2020, down from 5,446 cases in 2019

Hossam Mounir

Egypt’s Turathna Exhibition for handicrafts, heritage arts scheduled for 9 October

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has announced that…

Hossam Mounir

Total financial position of banks in Egypt increases to EGP 7.948trn in June 2021: CBE

Net profits register EGP 51.006bn, investments in securities and treasury bills record…

Hossam Mounir

CIB Egypt achieves exponential growth in online banking services

CIB records 116% increase in mobile banking transactions, 34% increase in online…

Hossam Mounir

Housing and Development Bank launches new service targeting wealthy clients

Bank’s profit before tax increases 10.8% y-o-y, recording EGP 1.45bn in FY…

Hossam Mounir

Egyptian remittances record $31.4bn in FY 2020/21: CBE

Remittances grow by 13.2% over last year

Hossam Mounir

Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021

MPC decided, on 5 August, to maintain basic interest rates with CBE,…

Hossam Mounir