CBE allocates EGP 10bn to finance SMEs in several sectors
Financing priority given to companies working in the exporting sector and producers…
CBE calls on banks to reconsider limits of credit they grant clients
CBE issues regulations to benefit from covering debts of companies resulting from…
Increase of foreign exchange reserves at CBE, backed by gold in February
The value of gold included in the reserves increased by $170m to…
CBE provides banks $420m to cover companies’ flotation debts
The Central Bank of Egypt (CBE) provided $420m to local banks to…
CBE considers making amendments to the SMEs initiative
Regular meetings in FEB to look into the problems facing banks during…
CBE sets controls for its initiative to renovate tourism sector
Banks finance 75% of total replacement and renovation cost, clients bear the…
No waiting lists for dollar, we provided $71bn since November 2015: CBE Governor
Egypt will pay $1.5bn of foreign oil companies arrears in 2017
EGP exchange rate against USD remains stable
Settles below EGP 16 for first time since December 2016
CBE provides $600m to settle dollar debts of about 570 companies
Companies will repay their debts—that resulted from fluctuations of exchange rates after…
Inflation hike is temporary, expected to decline in the coming period, hence interest rate kept unchanged: MPC
CBE raised the interest rate by 3% on 3 November 2016 as…