Egyptian pound gains 5 piasters against the US dollar despite CBE’s interest rate cut
The average official price of the US dollar at the Central Bank…
Banks allocate EGP 122bn to face doubtful debts until June 2019: CBE
Slight increase in non-performing loans at banks in 1H 2019, reaching 4.2%…
CBE authorises 28 banks to provide mobile payment services in Egypt: Amer
Subscribers reach 13.5 million by end-June, with a total value of transactions…
Egyptian banking sector awaits repercussions of interest rate cut
Banks will begin Sunday to discuss the fate of interest on their…
CBE receives 1.3 tonnes of gold from Sukari mine until August
Company sells about 70 kg of gold per month to CBE to…
CBE cuts interest rates by 1% in line of expectations
This is the second interest cut in a row following the 150…
Strong expectations that CBE’s basic interest rates will be cut by 50 to 150 basis points
MPC ecided at its meeting on 22 August 2019 to reduce the…
HC expects interest rate cut by 100 bps at CBE’s Thursday meeting
Inflationary pressures to ease dramatically following July’s subsidy lift, says Monette Doss
Economists unanimously believe CBE will cut interest rates on Thursday
EFG Hermes’s Abu Basha foresees 0.5% cut, Pharos’ El-Swaify and Sigma expect…
CBE prioritises financial inclusion in line with Egypt’s strategy for sustainable development 2030: Helal
Activities of Arab Financial Inclusion Day resulted in opening of 1m accounts…