Tag: CBE

Egypt’s local bank deposits increase to EGP 3.268trn in June: CBE

The CBE added that demand deposits recorded about EGP 482bn, of which…

Hossam Mounir Hossam Mounir

Egypt to offer 26 T-bills, bonds tenders worth EGP 185.25bn in August

Auctions part of government plan to borrow EGP 600bn from local market…

Hossam Mounir Hossam Mounir

Egypt’s account deficit declines 39.2% in Q1 of 2020

The improvement comes despite the uncertainty in the global economy which has…

Daily News Egypt Daily News Egypt

New facilities to remove levy on taxpayers’ bank accounts: CBE

This is applicable on natural or legal persons regardless of their activity.…

Hossam Mounir Hossam Mounir

Private sector holds 61.7% of total bank loans in April: CBE

Total deposits see 14.33% growth in April, compared to 13.9% in March;…

Hossam Mounir Hossam Mounir

Financial position of banks in Egypt up to EGP 6.421trn in April: CBE

Total deposits up by EGP 92.4bn, total loans rise by EGP 91.9bn

Hossam Mounir Hossam Mounir

CBE allowed to practice central depository, registration of government securities

New law opens door for privatisation of central depository and registration process

Alyaa Stohy Alyaa Stohy

Egypt’s net international reserves up $2.2bn in June to $38.201bn: CBE

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

Hossam Mounir Hossam Mounir

CBE provides EGP 69bn in facilities to support industry, agriculture, contracting sectors

5 industries, including F&B and plastics, acquired 60%, or EGP 41bn, of…

Daily News Egypt Daily News Egypt

Egypt’s MSME financing records EGP 181bn since January 2016: CBE

MSME initiative was launched by the CBE in January 2016. It has…

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