Banks race to implement CBE’s programme for funding SMEs
Both Banque Misr and the Industrial Development and Workers Bank of Egypt…
EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE
Household sector acquires 77.6% of deposits in the local currency and 63.2%…
Bank’s proposals published to break deadlock of CBE’s retail banking regulations
Banks request CBE not to impose these regulations on all customers and…
FocusEconomics reduces GDP growth forecast for Egypt
Inflation to average 9.8% in 2016, FocusEconomics monthly report says
Banque Misr begins activating CBE initiative to finance SMEs with 5% yield
This springs from the bank's commitment to promoting economic development and contributing…
CBE’s new lending regulations are credit positive for banks: Moody’s
Egypt’s Higher SME Lending Quota Supports Economy but threatens Banks’ Asset Quality
CBE restructures investing money in banks
Shrinking bank investment in investment funds, lowering maximum level of loans’ amounts…
CBE controls bank operations by applying sticker obligations
CBE prohibits Egyptian banks from offering retail loans with monthly instalments that…
Local, international institutions offer to invest $1.168bn in treasury bills
The bills’ interest rate saw a 40 points increase compared to CBE’s…
CBE launches programme to fund 350,000 SMEs for EGP 200bn in 4 years
Companies with annual revenues between EGP 1m and EGP 20m will receive…