Tag: CBE

Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

Hossam Mounir

CBE’s new mobile banking regulation will create new business opportunities for Egyptian banks: Moody’s

There are significant growth opportunities for mobile banking in Egypt

Mohamed Samir

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

Hossam Mounir

Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

Hossam Mounir

US dollar surpasses EGP 19 at CBE to hit highest rates since flotation

The US dollar price at the Central Bank of Egypt (CBE) and…

Hossam Mounir

Lack of investment opportunities straining Egyptian banks

The liquidity of the pound has increased by EGP 64bn since the…

Hossam Mounir

US dollar registers new peak, jumps to EGP 19 at HSBC

The US dollar price jumped against the Egyptian pound to register its…

Hossam Mounir

Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE

The recent issuance of certificates has attracted new deposits from outside the…

Hossam Mounir

Local and international organisations propose investing $1.31bn in treasury bills

Local and international organisations proposed investing $1.31bn in a treasury bills tender…

Hossam Mounir

US dollar exceeds EGP 18 at CBE for first time since flotation

Analysts play down impact of recent terrorist events on future of the…

Hossam Mounir