Tag: Central Bank of Egypt

CBE Deputy Governor clarifies regulators on dollar cap increse

Officers from banking operations expressed uncertainty regarding several features of the new…

Hossam Mounir

Asset managers expect balanced funds to dominate in 2016

Appeal of balanced funds grew following diminishing investment opportunities in monetary and…

Mohamed Ahmed

We will not put depositors’ money at risk by investing in stock market: Banks

Foreign banks prevent branches from investing in stock market, Egyptian banks resort…

Hossam Mounir

CBE regulations on retail bank loans expected to boost car payments through direct instalments

Customers will escape from banking restrictions, says Honourary Chairman of AMIC

Ahmed Amer

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