Tag: Central Bank of Egypt

CBE-auto industry committee submits final report to CBE Governor next week

The committee suggests the abolition of intermediary companies between the investor and…

Ahmed Amer

CBE calls on banks to introduce credit-rating system to evaluate micro-financing institutions

We have been studying ways to strengthen this sector, which is one…

Hossam Mounir

Banks ignore CBE decision to raise interest, keep rates unchanged

Next increase may be on short-term vessels, interest on certificates will not…

Hossam Mounir

Interest rate hike aims to help build up international reserves: Arqaam Capital

IMF welcomed the step, saying it aims at the welfare of the…

Elsayed Solyman

Raising interest on the pound is for the benefit of all: CBE governor

The CBE does not consider specific entities when making decisions, Amer said…

Hossam Mounir

Investors believe raising interest rate is wrong, expert says it could control the economic situation

The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate…

Hisham Salah

Raising interest rates shakes markets, disturbs business community

Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn

Mohamed Ayyad

Ambiguity surrounding CBE’s decision on interest rate in Sunday’s meeting

IMF confirms that using interest rate is the right tool to face…

Hossam Mounir

Good performance indexes in banks by end of January: CBE

EGP 67.2bn increase in volume of deposits, EGP 52.8bn in loans

Hossam Mounir

Establishment of Financial Inclusion Unit to support, strengthen financial inclusion in Egypt: Bassiouny

Khaled Bassiouny, general director of the Financial Inclusion Unit at the Central…

Hossam Mounir