Tag: CBE

CBE conducts survey to find out needs of SMEs: Deputy Governor

Funding is no longer biggest challenge facing SMEs, as they need non-financial…

Hossam Mounir Hossam Mounir

Egypt’s external debt registers $137.4bn in September 2021: CBE

Long-term debt accounts for 91.6% ($125.9bn) of total external debt

Hossam Mounir Hossam Mounir

Work underway on centralised online banking system: CBE

‘Know Your Customer’ project will enable citizens to open bank accounts online:…

Daily News Egypt Daily News Egypt

CBE leads efforts to promote fintech in local banking market: Sub-Governor

This year will witness many fintech projects, including instant payment network: Ayman…

Daily News Egypt Daily News Egypt

Non-government bank deposits in local currency record EGP 4.457trn in January 2022: CBE

Non-government deposits in foreign currencies reach EGP 659.901bn in January 2022

Hossam Mounir Hossam Mounir

Total financial position of banks in Egyptian market approaches EGP 9trn in November 2021: CBE

Bank deposits increase to EGP 6.306trn, credit facilities up to EGP 3.066trn,…

Hossam Mounir Hossam Mounir

FDI in Egypt registers $1.664bn in 1Q 2021/22: CBE

Total inflows rise to $3.704bn, compared to $3.497 during 1Q 2020/21

Hossam Mounir Hossam Mounir

Egypt’s CBE launches initiative to ensure import operations are carried out using documentary credits

The initiative targets customers who have a history of importing through collection…

Hossam Mounir Hossam Mounir

Keeping policy rates unchanged remains consistent with achieving the CBE’s next inflation target

Domestic economic activity is expected to record robust growth figures along the…

Hossam Mounir Hossam Mounir

CBE reveals reasons for high inflation in January 2022

Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…

Hossam Mounir Hossam Mounir