Tag: CBE

Amer requests bank leaders to support SMEs, arrange credit facilitations

Governor of the Central Bank of Egypt (CBE) Tarek Amer requested bank…

Hossam Mounir

Ministries, CBE negotiate with foreign banks to postpone refunding installments

  The Ministries of Petroleum and of Finance and the Central Bank…

Mohamed Adel

External debt drops $2bn over 3 months

Rate of increase in bank loans outstrips deposits for first time ever

Hossam Mounir

CBE asks banks to postpone loan premiums for tourism workers

Arrangements aim to help tourism workers hit by slump in the sector

Hossam Mounir

Banks adopt strict measures to issue new letters of credit

The CBE evaluates the banks' cooperation in providing the foreign currency through…

Hossam Mounir

Banks criticise CBE’s FX Auction regulations

The regulations were a new shock to banks that did not obtain…

Hossam Mounir

Amer seeks banks’ support to overcome dollar shortages

Official letter calls for banks to maximise foreign exchange, working with foreign…

Hossam Mounir

Banks ordered to prioritise providing foreign exchange for vital exports

CBE demanded that local banks prioritise directing their foreign exchange liquidity to…

Hossam Mounir

Foreign exchange reserves stable in November

Foreign exchange reserves were stable in November at $16.4226bn, the Central Bank…

Hossam Mounir

Cooperation is conditional for obtaining dollars: CBE to banks

Amer's latest regulations for dollar availability act as a warning to uncommitted…

Hossam Mounir