Banks implement CBE’s initiative delaying loan instalments for individuals, companies
CBE included microfinance sector in the initiative on Monday
EGP 9.9bn worth of debt waived under initiative to settle individual debts less than EGP 1m
940,000 thousand customers are covered by the initiative, their total debts amount…
CBE takes measures against Coronavirus, repercussions on economy
MSMEs loan installments postponed for six months without fines
Creating job opportunities essential job of central banks: CBE Deputy Governor
CBE supports economy with many initiatives in face of crises such as…
Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE
Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%
Local, international investors offer to invest $1.054bn in Egyptian T-Bills
The CBE rejected other offers from investors who requested an interest of…
Egypt’s awaited banking law to revolutionise sector: Khodeir Partners co-founder
Khodeir’s comments came during a roundtable discussion held to tackle the banking…
Household sector’s trend towards deposits of three-year term or more ongoing since 2018
Weighted return on new deposits declines in September 2019 to 11.5%, 16%…
Egypt’s net foreign reserves increase to $45.456bn January-end: CBE
The January's figure is the highest in the history of Egypt and it covers…
Egypt’s external debt up 17.3% YoY to $108.7bn in FY19
External debt-to-GDP ratio 36% in Egypt, 48.5% in Latin America, 47.5% in…