Tag: CBE

Banks begin monitoring debit card transactions abroad

Misused debit cards will be suspended immediately, says the head of one…

Hossam Mounir

CBE governor claims report on IMF loan was incorrect

Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…

Hossam Mounir

Court suspends CBE’s decision to limit tenure of bank heads to 9 years

Tarek Amer, the CBE’s governor, issued a decision at the end of…

Mohamed Ayyad

Banks keep ignoring CBE’s interest increase

Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…

Hossam Mounir

ETTA extends deadline for banks’ complaints to Tuesday

Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014

Abdel Razek Al-Shuwekhi

CBE launches new website

The new website is the first electronic index for supervisory instructions, says…

Hossam Mounir

Bond yields for 5-year term jump by 0.82%

Ministry of Finance cancels 10-year term bonds initially planned to be issued…

Hossam Mounir

Strong expectations about pound devaluation by CBE after raising interest rates

Analysts warn about the negative impact on inflation rate if the step…

Hossam Mounir

Analysts expect EGX to overcome rise of interest rate by reaching 7,480 points

Analysts predicted that purchasing powers will be dominant during the trading session…

Mohamed Ahmed