Tag: CBE

Central Bank of Egypt to hold 8 monetary policy meetings in 2021

CBE to discuss future interest rates of Egyptian pound next Thursday

Hossam Mounir Hossam Mounir

Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE

Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP…

Hossam Mounir Hossam Mounir

Strong FX reserves, structural reforms support Egypt against external shocks: CBE

Aboul Naga’s comments came during the opening session of the Payment, FinTech,…

Hossam Mounir Hossam Mounir

Local, international financial institutions offer to invest $1.755bn in CBE’s T-bills

The CBE floated the $1.56bn worth T-bill tender for a year, due…

Hossam Mounir Hossam Mounir

CBE to float $1.56bn Treasury bills

The proceeds of this issuance will be used to pay for the…

Daily News Egypt Daily News Egypt

Banks in Egypt discuss fate of interest rates following CBE’s cut

Yield of some savings certificates, loan products automatically decreases by 0.5%, while…

Hossam Mounir Hossam Mounir

CBE expects inflation to average under 6% in Q4 2020

Interest rate cut currently provides adequate support for economic activity, consistent with…

Hossam Mounir Hossam Mounir

CBE to discuss fate of interest rate on Thursday

MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…

Hossam Mounir Hossam Mounir

CBE receives 43 offers worth €888.3m for Euro-denominated T-bills

The CBE had launched a tender to sell €690m 364-day T-bills on…

Hossam Mounir Hossam Mounir

CBE to launch €690m worth T-bill tender on Monday

The proceeds of the issuance will be used to pay the value…

Hossam Mounir Hossam Mounir