Tag: CBE

14 banks finance 62,000 housing units with EGP 5bn within CBE initiative: Abdel Hameed

Head of the Mortgage Finance Fund Mai Abdel Hameed said that 14…

Hossam Mounir

Parliament demands CBE provide detailed report on Egypt’s foreign debt, repayment schedule

CBE governor said IMF estimates value of Egyptian pound at EGP 11-11.5…

Mohamed Ayyad

The reason behind the rise of Egypt’s foreign currency reserves remains unknown

Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…

Hisham Salah

CBE pumps EGP 2.5bn into United Bank’s capital

Supporting the bank’s capital is meant to support its ability to expand…

Hossam Mounir

Food commodity price hikes push inflation to its highest since 2005: CBE

Recent CBE reports explain inflation hitting 25% at end of December 2016

Hossam Mounir

CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate

Direction of interest rate depends on inflation and government strategy, say analysts

Hossam Mounir

Repatriation of profits for foreign investors to resume soon: CBE governor 

The banking system was able to secure inflows of $7.5-8bn since the…

Mohamed Samir

CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes

The bank said in a statement on Thursday that it has printed…

Hossam Mounir

Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE

The share of the largest five banks of total deposits reaches 58.9%;…

Hossam Mounir