Egyptian banking sector EGP 2tn in 2014: Fayed
Bank deposits increased 17%-20% over last three years, loans increased by 10%
CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013
There has been a crisis in upholding foreign traders’ money in the…
CBE continues pumping dollar liquidity to cover banks customers’ foreign currency demands
The CBE granted the banks $98.6 in an auction launched Sunday
Cash reserves fall by $1bn in May: CBE
Government works to attract investments of between $6bn-$8bn by the end of…
$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE
The figures compare to a surplus of $2.2bn during the same period…
CBE controls importers’ manipulations
Banks activate automated “Model 4” to determine real importing demands
CBE to investigate future of interest rates
The market expects MPC to fix both loan and deposit rates
13.9% growth rate of banks’ foreign deposits during March: CBE
Market witnessed competition in attracting foreign currency savings, according analysts
EGP 23.3bn increase in bank loans in March: CBE
The private sector acquired 80.8% out of the total loan balances