Hossam Mounir

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United Bank, SFD sign EGP 150m contracts to finance SMEs

The first contract stipulates that the SFD will provide EGP 100m for…

Hossam Mounir

CBE assigns $120m for importation of food commodities before Ramadan

This move comes within the framework of the bank's readiness to meet…

Hossam Mounir

CBE amends import regulations

The CBE said the new decision attempt to address the need for…

Hossam Mounir

Islamic banks face challenges associated with managing liquidity: CBE deputy governor

Negm added that the government reissuing bonds when they are due will…

Hossam Mounir

Banks must comply with new controls for foreign exchange deposits: CBE

CBE said in a statement on Monday that it had monitored some…

Hossam Mounir

CBE deputy governor calls for banks to increase capital base

The CBE allowed banks three years to adjust to this decision

Hossam Mounir

CBE has not received new deposits from Saudi Arabia’s MOU with Egypt as of Saturday: CBE deputy governor

Quality of performance is a requirement for extending working period, says Negm

Hossam Mounir

Banks refuse to adhere to VAT law, awaiting response from new finance minister

The Egyptian Tax Authority demanded that banks operating in the domestic market…

Hossam Mounir

FEB calls for real estate tax emption for banks holding foreclosed properties

The FEB will submit the memorandum to Tarek Amer, governor of the…

Hossam Mounir

HDB posts SME loan portfolio of EGP 1bn: CEO

SMEs constitute 12% of the bank's loan portfolio

Hossam Mounir