Tag: Central Bank of Egypt

Meeza card’s transactions reach EGP 2.2bn until September: CBE

This came during the event organised on Monday by the British Egyptian…

Hagar Omran

Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

Hossam Mounir

Egyptian banking sector awaits repercussions of interest rate cut

Banks will begin Sunday to discuss the fate of interest on their…

Hossam Mounir

CBE cuts interest rates by 1% in line of expectations

This is the second interest cut in a row following the 150…

Daily News Egypt

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…

Hossam Mounir

Madbouly, Amer inaugurate 43rd session of Council of Arab Central Banks Governors, Arab Monetary Associations on Sunday

Meetings discuss latest economic, financial, monetary developments, banking supervision, financial stability, inclusiveness,…

Hossam Mounir

Banks issued over 31m e-payment cards in Egypt by end-2018: CBE

Largest ten banks in Egypt hold more than 81% of credit and…

Hossam Mounir

Egypt repaid $25bn of debt in two years: CBE

The CBE said in a recent report that these debts include $21bn…

Daily News Egypt

Limited interest rate cuts at banks’ on first business day following CBE decision

Yield on T-bills on Sunday's auction dropped by 0.75-1.5%

Hossam Mounir

Banks to start intensive meetings Sunday to discuss implications of interest rate cuts

Government welcomes decision, investment banks forecast further cuts by end-2019, depositors are…

Hossam Mounir