Tag: CBE

CBE, government welcome parliament’s approval of E-Payment Law: CBE’s deputy governor

The Central Bank of Egypt (CBE) welcomed the parliament’s approval of the…

Daily News Egypt

Beltone Financial expects another interest rate cut in next CBE meeting

Increase in inflation readings does not affect our forecast for inflationary pressures…

Hossam Mounir

CBE excludes beans, rice, lentils from monetary insurance required for import

The Central Bank of Egypt (CBE) issued on Thursday new directives regarding…

Hossam Mounir

Fate of inked banknotes remains vague

Rumours of banning banknotes with handwritings on them, banks deny, CBE silent

Hossam Mounir

CBE imposes sanctions on 28 currency exchange companies in 2018

Procedure came as result of violations to CBE’s regulations, conditions

Hossam Mounir

CBE approves issuing EGP 870.3m worth ‘Aman’ certificates

NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March…

Hossam Mounir

CBE interest rate cut won’t benefit automotive market: experts

Decline was limited, will not stimulate car sales, say banks

Nour Ahmed

$1.44bn increase in foreign reserves to $44.06bn end-February: CBE

The foreign exchange reserves at the CBE have increased by $1.44bn by…

Hossam Mounir

EPG 489.138bn increase in banks’ deposits in 2018: CBE

Government’s deposits hit EGP 391.7bn, family sector deposited 66% of them

Hossam Mounir

Limited response from banks to CBE’s decision to cut interest in first week

Banks move interest on variable yield certificates, others cut interest on deposits,…

Hossam Mounir