Tag: Central Bank of Egypt

CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

Hossam Mounir

Yields on Egypt’s T-Bonds down by 0.65-0.89%

Interest rates, accepted by finance ministry, on 3-year bonds fall between 16.4-16.58%,…

Hossam Mounir

International institutions acquired 30.7% of Egypt’s debts by end-June 2018

Debts to Arab countries reached $23.1bn or 24.9% of total external debts:…

Hossam Mounir

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

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

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

CBE to review interest rates today in first 2019 meeting

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

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

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

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