Tag: CBE

Egypt’s net international reserves up $795m in October to $39.22bn: CBE

Egypt’s international reserves consist of foreign currencies (FX), gold, special drawing rights…

Hossam Mounir Hossam Mounir

Net foreign assets of Egypt’s banking sector up EGP 51.958bn in September

This came in addition to the decrease in the volume of foreign…

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Local-currency bank deposits increase EGP 88.589bn in September: CBE

In a recent report, the CBE stated that demand deposits in local…

Hossam Mounir Hossam Mounir

Egypt’s bank deposits increase to EGP 4.788trn in July 2020: CBE

Private businesses receive 59.8% of total bank facilities, with industry at forefront…

Hossam Mounir Hossam Mounir

Egypt’s external debt rises to $123.49bn in June 2020: CBE

The country’s external debt in June 2020 also increased by 14.79% compared…

Hossam Mounir Hossam Mounir

CIB awaits CBE audit report following chairperson’s resignation

Two audit firms to look into CBE report on CIB violations, should…

Alyaa Stohy Alyaa Stohy

Agricultural Bank of Egypt targets 30-million customer base over 5 years

Financing programme for needy families, rural women, and craftsmen to be launched…

Hossam Mounir Hossam Mounir

CBE provides full support to CIB to preserve its financial position, deposits

A CBE statement read, “The CBE approved the decision of the CIB’s…

Hossam Mounir Hossam Mounir

Financial position of banks in Egypt up EGP 96.9bn in July 2020: CBE

Volume of doubtful debts allocations amounts to EGP 150.877bn, reserves amount to…

Hossam Mounir Hossam Mounir

EJB calls on CBE to accelerate digital transformation in Egypt’s financial sector

Makhlouf said that the academic curriculum in many Egyptian colleges should be…

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