Tag: Central Bank of Egypt

Egypt’s foreign reserves down to 42.551bn in December: CBE

Egypt’s foreign currency reserves fell to $42.551bn in December, down from a…

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Foreign assets deficit continues to widen in banks

Exit of foreign capital from emerging economies trailed in October at slower…

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Credit facilities granted by banks to their clients increased by EGP 25.3bn in October

Private business sector covered for 61% of total credit facilities, industries among…

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Government-owned, private banks reduce investments in T-bills by EGP 31.2bn in November 2018: CBE

Foreign banks working in Egypt take different stance, increase investments by EGP…

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CBE unlikely to extend initiative to settle bad debts

Weak turnout by defaulters, 6 months enough for those who want to…

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CBE reviews initiative to settle troubled debts: Amer

Initiative includes settlement of debts of 3,500 companies, 337,000 individuals

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CBE officials unveil reason to end mechanism of foreign investors funds’ transfers

Removal of limits on FX transactions restore confidence in banking sector: Negm

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Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism

Decision planned since flotation in November 2016, we aim to direct investment…

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Egypt shares to move sideways as CBE leaves interest rates on hold

EGX30 closed almost flat last week as foreign investors book gains awaiting…

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CBE reviews interest rates on Thursday

MPC cut interest rates twice this year, kept them unchanged during 4…

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