Hossam Mounir

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Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019

CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli…

Hossam Mounir

July’s Inflation reading heralds interest rates cut at CBE’s next meeting: Beltone

Inflation continued to slow in July despite subsidy reforms influenced by its…

Hossam Mounir

Strong growth in Al Baraka Bank Egypt’s financial position supported by ample funding potential: Beltone

Beltone added that the bank's operating expenditure increased by 11.1%, maintaining the…

Hossam Mounir

CBE issues import, export standards on foreign banknotes surplus

The CBE affirmed that these standards comes in the framework of the…

Hossam Mounir

Egypt’s net foreign reserves rose by $565m to $44.916bn end-July

According to the CBE, Egypt’s current net foreign reserves covers more than…

Hossam Mounir

EALB, Egyptian Banks Company sign protocol to issue Meeza card

Bank aims to expand in retail banking, attract new customer segments, says…

Hossam Mounir

CONIA interest rate benchmark comes into force

New standard reinforces CBE's ability to improve monetary policy

Hossam Mounir

Microfinance balances increase to EGP 13.79bn end-June: FRA

Funding increased by EGP 4.04bn in a year, clients up 14.1%

Hossam Mounir

Banks operating in Egypt celebrate International Youth Day

New accounts opened free of charge, special offers made on 1-15 August

Hossam Mounir

CBE reveals Egypt’s economy external position

Foreign debt reached 35.1% of GDP at end December 2018, compared to…

Hossam Mounir