Hossam Mounir

Follow:
3798 Articles

CBE expected to keep interest rates on hold Thursday

NBE, Banque Misr decision to halt 15% certificates and reduction of NIB…

Hossam Mounir

NBE, Banque Misr halt 15% saving certificates after achieving EGP 383bn in sales

National Investment Bank reduces return on A, B saving certificates

Hossam Mounir

Non-performing loans in Egypt’s banks drop to 3.9% end-June

Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…

Hossam Mounir

Bank Audi Money Market Fund achieves 10.58% annual return YTD

The minimum subscription in the fund is estimated at about 100 securities…

Hossam Mounir

Bank profits reach EGP 50.049bn in June: CBE

Total financial position of banks working in Egyptian market rises to EGP…

Hossam Mounir

NBE signs EGP 793.9m long-term financing contract for Nile Wood Company

The agreement was made as part of the Central Bank of Egypt’s…

Hossam Mounir

Faisal Islamic Bank records EGP 112.751bn in business volume during August

Bank’s total accounts grew 13.6% to about EGP 93.083bn last month

Hossam Mounir

Banks explore repayment options of deferred loan instalments during COVID-19

Complete inventory is being undertaken of clients benefiting from CBE loan deferral…

Hossam Mounir

CBE directs banks to take appropriate measures on deferred loan instalments

Each bank must conduct careful review of existing credit facilities, and their…

Hossam Mounir

AMF grants $1.3bn in Arab COVID-19 response during H1 2020: Al-Hamidi

Fund president stresses importance of dialogue, consultation between Middle East’s central banks…

Hossam Mounir