7 banks raise interest rates on deposits after Central Bank decision
A recent CBE decision saw an increase in the benchmark overnight deposit…
Non-cash transactions in Egypt up to 7%; consultations underway with CBE for electronic services: Bankers
The size of non-cash transactions in Egypt has reached approximately 7%, the…
Foreign reserves fall $200m
International foreign currency reserves record $17.28bn in May, down from $17.48bn in…
Domestic liquidity increases to EGP 1.44tn: CBE
Increase of net domestic and foreign assets in banking system contribute to…
Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities
Bank loan assets increase by EGP 7bn in March: CBE
Bank balances in March rose to EGP 559.444bn as compared to EGP…
Bank of America expects continued EGP depreciation
EGP value against dollar slumps after CBE’s foreign exchange auction to record…
MENA monetary policy is expansionary and will remain so: Emirates NBD
Egypt’s credit grew 20.7% year on year in January
Loan assets in banks increased by EGP 3.6bn in February: CBE
Central bank says loans granted to the government slumped by EGP 739m,…
Minister of Planning in Athens to discuss EIB’s Mediterranean investment strategy
To date, Egypt has received €6bn for the European Investment Bank