Tag: Central Bank of Egypt

CBE interest rates cut to positively impact businesses, EGX, banks to readjust

Experts forecasts further cut before end-2019, debt instruments remain attractive

Hossam Mounir

37 local and foreign investors bid to invest €780.1m in Egyptian T-bills: CBE

CBE set accepted yield minimum at 1.4%, maximum at 1.5%, average at…

Hossam Mounir

CBE to resume its monetary easing cycle in 4Q2019: Fitch Solutions

Future interest rate cuts to ease government's debt service burden, say economic…

Hagar Omran

Banks’ credit facilities see EGP 242.6bn rise in 10 months: CBE

Deposits up by EGP 1bn only as non-governmental deposits drop

Hossam Mounir

Government debt to GDP in Egypt declines to 91% in Q1 of 2019 y-o-y: IIF

The state’s household debt to the GDP slightly decreased to 7.2% in…

Daily News Egypt

Capital re-flows into EMs starting Q1 of 2019, 11 months after fleeing: CBE

Direction of capital flows depends on outlook for economic activity rate of…

Hossam Mounir

Rate cut essential to support growth, reduce debt service burden: Beltone

Research note affirms strong expectations of interest rate cut by 100 bps…

Hossam Mounir

Net consolidated profits of QNB end of June 2019 reach EGP 4.217bn

Bank accounts for 7.82% of loans, 5.17% of deposits in Egyptian banks…

Hossam Mounir

Beltone expects CBE to keep interest unchanged

Investment bank expects inflation to temper at 13.3% in Q3 of 2019

Hossam Mounir

Gold in FX reserves up by $69m in June 2019

FX reserves increased to $44.352bn end of May: CBE

Hossam Mounir