Tag: CBE

CBE obliges banks to establish independent financial inclusion administrations

Administrations to report to each bank’s chairperson or his deputy

Hossam Mounir Hossam Mounir

After a year of NilePreneurs initiative, what accomplished so far?

‘We have necessary liquidity to realise youth’s ideas, dreams that contribute to…

Hossam Mounir Hossam Mounir

CBE meets 266 defaulters to settle EGP 63.6bn worth debts 

Negm said in a statement on Wednesday that the total debts of…

Hossam Mounir Hossam Mounir

Egypt’s gold reserves record $164m increase in February

Country’s net international reserves reach $45.51bn in February, compared to January’s $45.457bn:…

Hossam Mounir Hossam Mounir

CBE to issue EGP 212.5bn worth T-Bills, Bonds in 3Q20

16 T-Bills bids worth EGP 175bn, 10 T-Bonds bids worth EGP 37.5bn…

Hossam Mounir Hossam Mounir

Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE

Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%

Hossam Mounir Hossam Mounir

Foreign investments in Egyptian T-bills increase by EGP 35.1bn by end of January 2020: CBE

Net foreign assets of the Egyptian banking sector rose by EGP 46.7bn…

Hossam Mounir Hossam Mounir

HC expects CBE to keep interest rates unchanged in upcoming meeting

Chief economist and banking analyst at HC, Monette Doss said, “Despite this,…

Hossam Mounir Hossam Mounir

CBE doubles mortgage finance share to 10% total loan portfolio at banks

Growth of the real estate sector contributes to the continuous improvement of…

Hossam Mounir Hossam Mounir

CBE reveals why Egypt’s inflation increased in January 

CBE said that monthly core inflation recorded 0.7% in January 2020 from…

Hossam Mounir Hossam Mounir