Tag: CBE

7 banks raise interest rates on deposits after Central Bank decision

A recent CBE decision saw an increase in the benchmark overnight deposit…

Abdel Qader Ramadan

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…

Daily News Egypt

Foreign reserves fall $200m

International foreign currency reserves record $17.28bn in May, down from $17.48bn in…

Doaa Farid

Domestic liquidity increases to EGP 1.44tn: CBE

Increase of net domestic and foreign assets in banking system contribute to…

Daily News Egypt

Private business accounts for 63.2% of credit facilities end of March: CBE report

Central bank announces 2.6% increase in total credit facilities

Daily News Egypt

Bank loan assets increase by EGP 7bn in March: CBE

Bank balances in March rose to EGP 559.444bn as compared to EGP…

Daily News Egypt

Bank of America expects continued EGP depreciation

EGP value against dollar slumps after CBE’s foreign exchange auction to record…

Doaa Farid

MENA monetary policy is expansionary and will remain so: Emirates NBD

Egypt’s credit grew 20.7% year on year in January

Daily News Egypt

Loan assets in banks increased by EGP 3.6bn in February: CBE

Central bank says loans granted to the government slumped by EGP 739m,…

Doaa Farid

Minister of Planning in Athens to discuss EIB’s Mediterranean investment strategy

To date, Egypt has received €6bn for the European Investment Bank

Sara Aggour