Pressures mount on CBE as IMF calls for interest rate hike to tame inflation
Inflation extends rise in April on higher food prices
CBE obliges banks to not deal with more than 7 exchange bureaus
Banks and companies granted 4-month transition period to adjust, says Negm
Household sector accounts for 75% of deposits at banks in December
It is very normal that individuals' share in deposits is higher than…
Egypt’s public debt is reaching critical level
Experts believe there are no other options but to ask for more…
Government has to ease reliance on banks: source
The reliance leads to a vicious cycle, “amid low state revenues,” says…
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and…
Egypt’s MPC maintains policy rates as forecasted by CI Captial
The Central Bank of Egypt (CBE) decided to keep its overnight deposit…
CBE expected to hold steady interest rates on Thursday
The increase of interest rates will not decrease inflation because it did…
CBE is ready to repay Egypt’s foreign obligations: Amer
We have large inflows of foreign exchange and strong reserves that will…