Food commodity price hikes push inflation to its highest since 2005: CBE
Recent CBE reports explain inflation hitting 25% at end of December 2016
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
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…
CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes
The bank said in a statement on Thursday that it has printed…
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%;…
Non-performing loans reach 5.9% by the end of September 2016: CBE
The private sector acquired 70% of total loans offered by banks to…
Government borrows EGP 1.121tn through bills, bonds during 2016
Ministry of Finance intends to borrow EGP 299.019bn from banks in Q1…
Net foreign exchange reserves increase to $24.265bn: CBE
This means that the CBE has neared its target of foreign exchange…
CBE extends tourism sector support initiative until February 2018
The bank also decided to extend the retail loans initiative for employees …
Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday
Banks operating in the domestic market offered investments worth EGP 91bn of…