Hossam Mounir

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CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023

Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total…

Hossam Mounir

CBE strongly expected to keep basic interest rates unchanged on Thursday

Basic interest rates currently stand at 18.25% for deposit, 19.25% for lending

Hossam Mounir

Why did Egypt’s inflation increase again in May? CBE answers

Egypt’s annual headline urban inflation increased to 32.7% in May 2023 from…

Hossam Mounir

Egypt to launch first integrated platform for SMEs within 3 months

MSMEDA cooperates with eAswaaq Misr in operating, managing new platform

Hossam Mounir

Total financial position of banks in Egypt increases to EGP 12.970trn in 1Q 2023: CBE

The Central Bank of Egypt (CBE) has revealed that the total financial…

Hossam Mounir

MSMEDA cooperates with Central Bank of Iraq to develop SMEs, entrepreneurship: Rahmi

Cooperation also aims to create links between small enterprises in two countries

Hossam Mounir

Banks offer EGP 57bn within mortgage finance initiative for low-income people in May 2023

NBE takes lead, offering EGP 16bn mortgage finance to 137,079 clients

Hossam Mounir

Total financial position of banks in Egyptian market increases to EGP 12.780trn in February 2023: CBE

EGP 317.053bn capital, EGP 455.895bn reserves, and EGP 285.496bn appropriations

Hossam Mounir

NBE injects EGP 100m in Irada Microfinance

Amounts provides necessary financing for microenterprises in several governorates

Hossam Mounir

CIB launches special credit card with exclusive offers on noon

Bank commits to providing innovative solutions for customers’ seamless banking experience: Rashwan…

Hossam Mounir