Tag: Central Bank of Egypt

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

Government plans to borrow EGP 281.5bn from banks in coming 3 months

Finance ministry to issue treasury bills worth EGP 199.5bn, bonds worth EGP…

Hossam Mounir

Foreign investments in Egyptian treasury bills amount to EGP 500m in June 2015: CBE

Foreign investment in government debt instruments is too little compared to before…

Hossam Mounir

Private sector acquires 61.9% of commercial credit facilities: CBE

The total facilities granted to the government by banks until the end…

Hossam Mounir

Financial inclusion in Egypt needs improvement: El-Khouly

The CBE needs to encourage greater financial inclusion, in addition to its…

Daily News Egypt

CBE fixes its basic return rates

“The MPC decision was highly expected in light of CBE’s keenness to…

Hossam Mounir

CBE to discuss future prices of basic interest rates

Unlikely for CBE to raise its interest rates on the pound, according…

Hossam Mounir