Tag: Central Bank of Egypt

CBE will discuss future of interest rate on EGP

According to analysts, MPC is highly expected to keep the major interest…

Hossam Mounir

Forex suspended in anticipation of new CBE governor’s decisions

Black market records EGP 8.30 for dollar, while banks maintain it at…

Hossam Mounir

Trade balance deficit increases by 38.8% YoY in July: CAPMAS

Egypt's trade balance continues to face a deficit, despite the state announcements…

Menna Samir

Credit cards increase to 2.575 million by end of June: CBE

16.242m debit cards issued by banks operating in Egyptian market until mid-2015…

Hossam Mounir

Will Amer change Ramez’s monetary policy and exchange market management?

Analysts expect the new governor to amend some of Ramez's decisions

Daily News Egypt

Tarek Amer, new guardian of the Egyptian pound

Expectations of a decline in dollar price on parallel market after departure…

Hossam Mounir

More than EGP 39bn increase in volume of deposits in July: CBE

Banks support their allocations to meet doubtful loans and reduce its investments…

Hossam Mounir

28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits

The CBE raised the Deposit Operation mechanism on Monday, in order to…

Hossam Mounir

$63.27bn worth of international trade between Egypt and world in 9 months: CBE

The US and China are Egypt’s largest trading partners, the UAE is…

Hossam Mounir

United Bank seeks new, strong banking entity: Abdel Hamed

The bank aims to finalise bad debts portfolio, spread its branches and…

Hossam Mounir