Bank credit facilities increase by EGP 224.7bn over FY 2015/2016: CBE
Private sector accounts for 59.8% of the credit facilities, while industry leads…
$2.8bn payment balance deficit in FY 2015/2016: CBE
Current account deficit reaches $18.7bn, compared to $12.1bn in FY 2014/2015
PBDAC can reach nearly half the Egyptian population if properly supported by the government, CBE: Elkosayer
Depletion of foreign exchange resources is a major problem limiting the economy,…
What are the challenges facing the Egyptian economy in the eyes of dealers?
Chief financial officers and heads of treasury sectors at banks (dealers) are…
Only the Egyptian people can solve their current economic problems: ex-CBE governor
Egypt has lived through more difficult problems, but the collaboration between Egyptians…
CBE expected to increase interest rate by 1% on Thursday
High inflation, application of VAT would raise Egyptian pound’s interest rate by…
Banks granted EGP 207.7bn more credit facilities over 11-month period: CBE
Industry sector accounts for 32.2% of the credit facilities; while only 1.4%…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in…
HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson
Net profits of the bank reached EGP 394.7m in the first half…
CBE provides 10-year interest-free loan worth EGP 31bn to 3 major banks
The loan is for supporting banks’ capital base and for adjusting the…