Tag: CBE

CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013

There has been a crisis in upholding foreign traders’ money in the…

Daily News Egypt Daily News Egypt

Cash reserves fall by $1bn in May: CBE

Government works to attract investments of between $6bn-$8bn by the end of…

$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE

The figures compare to a surplus of $2.2bn during the same period…

Shaimaa Raafat Shaimaa Raafat

CBE controls importers’ manipulations

Banks activate automated “Model 4” to determine real importing demands

Daily News Egypt Daily News Egypt

CBE to investigate future of interest rates

The market expects MPC to fix both loan and deposit rates

Daily News Egypt Daily News Egypt

13.9% growth rate of banks’ foreign deposits during March: CBE

Market witnessed competition in attracting foreign currency savings, according analysts

Daily News Egypt Daily News Egypt

EGP 23.3bn increase in bank loans in March: CBE

The private sector acquired 80.8% out of the total loan balances

Daily News Egypt Daily News Egypt

External debt declines to $39.9bn in March: CBE

March's figures compare to June 2014, where debt amounted to $46.1bn

Menna Samir Menna Samir

Initiative to postpone payment of tourism dues to end of this year

Losses of tourist activity nears $10bn over the past four years, using…