Tag: CBE

Foreign investments in Egypt T-Bills increase $1.56bn in February: CBE

Net foreign assets up EGP 75.1bn in 7 months, credit facilities rise…

Hossam Mounir

Slashing interest rate protects real estate industry from COVID-19

CBE’s decision to cut interest rate by 3% is a very proactive…

Shaimaa Al-Aees

CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively

The CBE added that issuing the prepaid cards to citizens will be…

Hossam Mounir

Remittances in Egypt reach $26.8bn in 2019: CBE

The CBE added that remittances in the second half (2H) of 2019…

Hossam Mounir

Limited interest rate reductions on banks’ certificates despite CBE  rate cut 

NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…

Hossam Mounir

EGP 9.9bn worth of debt waived under initiative to settle individual debts less than EGP 1m

940,000 thousand customers are covered by the initiative, their total debts amount…

Daily News Egypt

CBE cuts interest rate by 3% in emergency MPC meeting

CBE has taken strong measures in anticipation of possible impacts of global…

Hossam Mounir

CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

Hossam Mounir

CBE reviews efforts to support e-payment, FinTech systems

CBE launches Meeza, Non-Cash Payment Law, FinTech Regulatory Sandbox, e-collection of government's…

Hossam Mounir

Creating job opportunities essential job of central banks: CBE Deputy Governor

CBE supports economy with many initiatives in face of crises such as…

Hossam Mounir