Egypt’s banks achieved net profits of EGP 53.066bn until December: CBE
Egypt's five largest banks acquire 42.66% of total profits achieved by banks…
Private sector acquires 66.3% of total bank loans to clients by December: CBE
Non-performing loans rate declines to 5.8% of total loans in banks, with…
SWIFT announces Business Forum Egypt to discuss issues of financial sector
“As we continue to reform the banking sector, it is critical to…
FX is not only indicator for assessing economy: Arqam Capital
Most of the foreign exchange (FX) flows to banks are being directed…
Market awaits changes in bank leadership in mid April
Banks will present their recommendations to the CBE’s governor, since the law…
CBE forces banks to notify it before providing foreign currency to government institutions
Banks are obliged to notify the CBE before providing foreign exchange for…
$7bn BOP surplus by end of first half of FY2016/2017: CBE
Surplus includes $5.1bn generated after flotation
CBE considers making amendments to the SMEs initiative
Regular meetings in FEB to look into the problems facing banks during…
CBE provides $600m to settle dollar debts of about 570 companies
Companies will repay their debts—that resulted from fluctuations of exchange rates after…
Inflation hike is temporary, expected to decline in the coming period, hence interest rate kept unchanged: MPC
CBE raised the interest rate by 3% on 3 November 2016 as…