CBE’s decision to raise dollar deposit cap ineffective in bolstering import market: Sheha
The dollar reached EGP 8.6 on the black market
Monetary Policy Committee holds first meeting in 2016 to discuss future of basic interest rates at CBE
The MPC decided during its last meeting on 24 December 2015 to…
Non-performing loans fell to 7.2% of total by end of September 2015: CBE
CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…
CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly
Decision applies only to companies to facilitate import operations of main and…
CBE policies reduce car imports in 2016
NBE and Banque Misr restrict opening letters of credit for fully-manufactured models,…
CBE demands that banks tighten security measures around their offices on 25 January
Falcon deploys fast intervention cars around institutions it secures to support its…
Limited impacts for recent CBE lending controls: Beltone
Reducing maximum loan per customer and bank contributions in capital market funds…
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…