Tag: CBE

CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir Hossam Mounir

CBE expands EGP 100bn initiative to contracting companies

The initiative had initially been set up to provide finance to private…

Daily News Egypt Daily News Egypt

Cairo Chamber of Commerce calls for adding commercial, service sectors in CBE’s 5% interest loans

Move is to protect commercial sector and allow it to fulfil obligations

Mohamed Alaa El-Din Mohamed Alaa El-Din

HC expects CBE to preserve current rates at upcoming meeting

Doss added, “Less working hours have also disrupted production activity possibly leading…

Daily News Egypt Daily News Egypt

CBE considers engaging contracting sector in EGP 100bn initiative

Abdel Raouf added that attention must be paid to distributing the funds…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE reveals February 2020 data for banks operating in Egypt

Financial position of banks operating in local market touches EGP 6trn, deposits…

Hossam Mounir Hossam Mounir

Egypt’s NIR decline to $37bn in April: CBE

Bank honours all of its external obligations amounting to around $1.6bn

Daily News Egypt Daily News Egypt

CBE receives 31 bids to invest $1.095bn in T-Bill auction

25 offers worth $975.4m were accepted

Hossam Mounir Hossam Mounir

CBE offers $800m in 1-year treasury bills on Monday

Proceeds cover a previous tender, worth $1bn, offered in May 2019

Hossam Mounir Hossam Mounir

ECMA seeks CBE support for brokerage companies amid COVID-19 fallout

HC Securities adopts cost reduction policy, focuses on online transactions

Alyaa Stohy Alyaa Stohy