Tag: Central Bank of Egypt

EGP 24.2bn increase in banks’ investments in securities in May 2018: CBE

Deposits up EGP 10.8bn, loans grew by EGP 32bn

Hossam Mounir

Foreign investments in treasury bills decline by EGP 64.8bn in May: CBE

This is not worrisome, as CBE is experienced in dealing with these…

Hossam Mounir

Trade exchange between Egypt, world amount to $65.625bn in 9 months: CBE

Imports at $46.814bn, exports at $18.81bn between July 2017 to March 2018

Hossam Mounir

CBE to officially launch national payment card in electronic market by end of December

10% increase in electronic payment helps rising GDP with $1.5bn: sub-governor

Hagar Omran

Egypt’s foreign debt jumps to $88.1bn end-March: CBE

Local public debt rose by EGP 122.1bn in Q1 2018

Hossam Mounir

CBE reveals several important indicators of performance of banks during Q1 2018

More than EGP 39bn increase in volume of deposits, EGP 85.2bn in…

Hossam Mounir

Defaulting clients visiting government banks to settle their debts

Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…

Hossam Mounir

Does Egypt need more external borrowing?   

Egypt's lack of control over foreign debt could cause negative pressure on…

Hossam Mounir

Banks invested EGP 650bn in T-bills until end of March 2018: CBE

Government banks invested EGP 333bn, private banks invested EGP 279.8n, foreign banks…

Hossam Mounir

Governmental banks start receiving defaulting clients’ requests to settle debts in implementation of CBE initiative

Initiative benefits companies whose debts are less than EGP 10m, individuals without…

Hossam Mounir