NBE finances purchase of 12,500 low-income housing units worth over EGP 1bn
The CBE previously launched an initiative to stimulate mortgage funding for low-income…
UAE deposit boosts CBE foreign exchange reserves by $1bn in August
The Central Bank of Egypt (CBE) revealed on Sunday evening that its…
Banks granted EGP 207.7bn more credit facilities over 11-month period: CBE
Industry sector accounts for 32.2% of the credit facilities; while only 1.4%…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in…
HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson
Net profits of the bank reached EGP 394.7m in the first half…
CBE provides 10-year interest-free loan worth EGP 31bn to 3 major banks
The loan is for supporting banks’ capital base and for adjusting the…
CBE secures government needs of euros through €600m treasury bills tender
The CBE received 35 offers to cover the tender totalling €786.9m, and…
Parliamentary committees approve PBDAC Act, transfer of its ownership to the CBE
We are awaiting the final vote; this move would restore the bank's…
Total value of banknotes issued increases by EGP 10bn in May: CBE
Banknote issuance recorded its highest level to GDP since June 2015
Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head
Nile Rating Company, specialised in SMEs, has merged in I- Score, said…