Tag: CBE

Increase in interest rate threatens ability to attract investments, wastes opportunities

The deflationary policy will increase inflation and production costs will climb, says…

Mohamed Alaa El-Din

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…

Hossam Mounir

Ambiguity mars CBE’s next move on EGP interest rates

The Central Bank of Egypt faces difficulty on inflation hike of more…

Hossam Mounir

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…

Hossam Mounir

Local, international institutions offer to invest $915.4m in treasury bills

The bank auctioned $700m that will mature in one year’s time on…

Hossam Mounir

CBE offers treasury bills worth $700m

New tender to be issued for payment of old bills offered in…

Hossam Mounir

PBDAC awaits  supervision by CBE to implement development plan: chairperson

The new law does not exclude the bank from Ministry of Agriculture…

Hossam Mounir

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

Hossam Mounir

Six problems facing the bank in the coming period: PDBAC chairperson

The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…

Hossam Mounir

Small and medium business solutions of the digital age

Egyptian entrepreneurs and banking experts create innovative solutions for credit underwriting of…

Daily News Egypt