Tag: CBE

CBE raises cap on dollar deposit to $1m per month

The new cap compares to the previous daily limit of $10,000 on…

Hossam Mounir

CBE Deputy Governor clarifies regulators on dollar cap increse

Officers from banking operations expressed uncertainty regarding several features of the new…

Hossam Mounir

Asset managers expect balanced funds to dominate in 2016

Appeal of balanced funds grew following diminishing investment opportunities in monetary and…

Mohamed Ahmed

Ministries of investment, finance meet with CBE to discuss activation of secondary bond market

Investment Ministry and EFSA form joint committee to reduce fees for listing…

Mostafa Fahmy

We will not put depositors’ money at risk by investing in stock market: Banks

Foreign banks prevent branches from investing in stock market, Egyptian banks resort…

Hossam Mounir

$90m increase in value of gold listed in forex reserves in January: CBE

The central bank awaits the Chinese loan and the first portion of…

Hossam Mounir

5% expected growth in computer sales after exemption from import regulations

This decision will help companies boost their sales, particularly after they faced…

Daily News Egypt

CBE regulations on retail bank loans expected to boost car payments through direct instalments

Customers will escape from banking restrictions, says Honourary Chairman of AMIC

Ahmed Amer

CBE provides $400m to import fuel in Q1 of 2016

EGPC resorts to petroleum contracts with payment facilities to resolve dollar crisis,…

Mohamed Adel

CBE’s decision to raise cap on dollar deposit will not mitigate liquidity pressures: Moody’s

The CBE decision included high-priority products, such as pharmaceuticals, production inputs, raw…

Sara Aggour