Tag: Central Bank of Egypt

Allocation for CBE’s dollar tender reaches 22.99% on Tuesday

The CBE sold $118.7m US dollars at a fixed price of EGP…

Hossam Mounir

Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE

Industry at forefront of economic sectors funded by banks followed by services,…

Hossam Mounir

CBE provides $120m to cover pharmaceutical product import requests

The CBE called banks to cover their customers' requests with the US…

Hossam Mounir

Federation of Egyptian Banks and lost independence

When I read the Central Bank of Egypt (CBE) Law No. 88…

Hany Aboul Fotouh

SME Banking Egypt 2016 begins on Monday under ‘Roadmap for the Future’

Daily News Egypt to monitor major challenges facing the banking sector and…

Hossam Mounir

NBE granted EGP 1.65bn to 2,663 small and very small enterprises over 4-month period: deputy chairperson

73% of the enterprises were granted loans to expand their activities, 27%…

Hossam Mounir

Local, international institutions offer to invest $1.5bn in treasury bills

Interest rate on bills stabilised at same level as the CBE's latest…

Hossam Mounir

Issued credit cards increased to 2.813m at December’s close: CBE

Top five banks operate 97% of electronic points of sale and 63.7%…

Hossam Mounir