Banks inject EGP 53.2bn in mortgage financing initiative for low-income individuals
NBE acquired 27.3% of total financing, worth EGP 15.179bn, granted to 132,140…
$1.65bn in transfers done through the company during 2022: IBAG
IBAG currently cooperating with Banque Misr to launch an application and link…
CBE to offer $1bn worth treasury bills on Monday
Proceeds of T-bills are directed to pay off previous offers issued on…
EGP 1.580tn increase in domestic liquidity at Egyptian banking sector during 2022
Total non-governmental deposits in local currency increased to EGP 5.411trn, foreign deposits…
CBE maintains interest rates unchanged as it aims to evaluate impact of previous 8% increase on inflation
Fate of basic interest rates depends on expected inflation: MPC
CBE to decide fate of Egyptian pound interest on Thursday
Monetary Policy Committee held 8 meetings in 2022, during which interest rates…
Finance Ministry to launch 26 tenders for T-bills, bonds worth EGP 325.75bn in February
Government aims to borrow about EGP 1.055trn in 3Q FY2023
Commercial International Bank acquires Mayfair Bank in Kenya
Commenting on the deal, Hussein Abaza, CEO and Managing Director of CIB-Egypt,…
CBE to hold first monetary policy meeting in 2023 after year of ups, downs
CBE increases interest rates on EGP by 8% in 2022