Banks to hold meetings on Sunday on the fate of interest rates following CBE decision
Banks will watch the decision’s impact’s yield on treasury bills and bonds…
Increase in interest rate threatens ability to attract investments, wastes opportunities
The deflationary policy will increase inflation and production costs will climb, says…
CBE raises interest rate to its record high in 11 years
This increase boosts the CBE's deposit rate to 11.75% and lending to…
Ambiguity mars CBE’s next move on EGP interest rates
The Central Bank of Egypt faces difficulty on inflation hike of more…
CBE sells $120m to banks to release imported intermediate goods stuck in customs
El-Menilawy added that the CBE on Tuesday morning had asked the departments…
Local, international institutions offer to invest $915.4m in treasury bills
The bank auctioned $700m that will mature in one year’s time on…
PBDAC awaits supervision by CBE to implement development plan: chairperson
The new law does not exclude the bank from Ministry of Agriculture…
Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE
The new figure marks an increase of $5.6bn (11.8%), the CBE reported
Six problems facing the bank in the coming period: PDBAC chairperson
The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…