Tag: Central Bank of Egypt

Business community calls on CBE to more cuts in interest rates

Decision to cut interest rates by 1% is good, yet values still…

Hagar Omran Hagar Omran

Banks to discuss fate of deposit, lending interests this week following CBE rate cut

NBE, Banque Misr to keep interests of fixed-rate saving certificates stable, cut…

Hossam Mounir Hossam Mounir

Interest rates reduction decision by CBE is bold, revives investments in all sectors: Beltone

Decision will pave way for new reduction in interest rates in H1…

Hossam Mounir Hossam Mounir

CBE to review interest rates today in first 2019 meeting

Higher inflation in January shifts market expectations of interest stabilisation in this…

Hossam Mounir Hossam Mounir

Egyptian banks increase their SME credit by EGP 136bn in 3 years

Egyptian banks increased their SMEs credit by EGP 136bn from end-2015 till…

Hagar Omran Hagar Omran

Egypt’s bank deposits up by 15.3% end-November 2018: CBE

Deposits in EGP increase by 16.9%, foreign currencies deposits grow by 9.4%

Hossam Mounir Hossam Mounir

CBE limits mortgage initiative to low-income after earmarked EGP 20bn runs out

NBE, HDB, Banque Misr, Banque du Caire, IDB top list of banks…

Hossam Mounir Hossam Mounir

Price of US dollar against pound nearly stable on Tuesday after two-day decline

US currency recovers less than half piaster of 30 piasters it lost…

Hossam Mounir Hossam Mounir

Gold value listed in FX reserves growth curbs reserves decline in December 2018

FX reserves gold value increased by $104m, foreign currencies down by $2.068bn

Hossam Mounir Hossam Mounir

International, local financial institutions offer to invest $934.1m in Egyptian T-bills

Interest rate accepted by CBE grew to maximum of 3.8%, minimum of…

Hossam Mounir Hossam Mounir