Tag: Central Bank of Egypt

CBE discusses ways to increase MSMEs’ funding with banks

Banks are currently preparing their infrastructure to begin implementing CBE initiative

Hossam Mounir

CBE fixes prices of basic yield

The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided…

Hossam Mounir

First portion of WB loan has not entered CBE yet: CBE Deputy Governor

Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed asserted…

Hossam Mounir

Non-performing loans fell to 7.2% of total by end of September 2015: CBE

CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…

Hossam Mounir

CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly

Decision applies only to companies to facilitate import operations of main and…

Hossam Mounir

CBE policies reduce car imports in 2016

NBE and Banque Misr restrict opening letters of credit for fully-manufactured models,…

Ahmed Amer

Limited impacts for recent CBE lending controls: Beltone

Reducing maximum loan per customer and bank contributions in capital market funds…

Hossam Mounir

Banks race to implement CBE’s programme for funding SMEs

Both Banque Misr and the Industrial Development and Workers Bank of Egypt…

Hossam Mounir

Banque Misr begins activating CBE initiative to finance SMEs with 5% yield

This springs from the bank's commitment to promoting economic development and contributing…

Hossam Mounir