Tag: Gamal Negm

EGP 49bn increase in loans for SMEs in 1 year: CBE deputy governor

CBE met NBG officials to identify bank strategy, no formal request yet…

Hossam Mounir Hossam Mounir

Negm reveals CBE’s efforts for achieving financial inclusion in Egypt

Financing SMEs, limited and middle-income people housing were the most important CBE…

Hossam Mounir Hossam Mounir

CBE obliges banks to not deal with more than 7 exchange bureaus

Banks and companies granted 4-month transition period to adjust, says Negm

Hossam Mounir Hossam Mounir

Banks start activities of financial inclusion week on Thursday

Negm addresses banks to be present in remote areas, clubs, and universities,…

Hossam Mounir Hossam Mounir

CBE resolves issue of temporary facilities obtained in foreign currency: Negm

Companies that owe more than $5m to banks will pay a 3.62%…

Hossam Mounir Hossam Mounir

Egyptian bankcards used to complete $2.5bn worth of transactions abroad in FY 2015/2016

Banks have received clear instructions to suspend cards that are being misused,…

Hossam Mounir Hossam Mounir

Banking market does not need another credit bureau: CBE deputy governor

A few days ago, a number of Egyptian and US investors filed…

Hossam Mounir Hossam Mounir

Islamic banks face challenges associated with managing liquidity: CBE deputy governor

Negm added that the government reissuing bonds when they are due will…

Hossam Mounir Hossam Mounir

CBE deputy governor calls for banks to increase capital base

The CBE allowed banks three years to adjust to this decision

Hossam Mounir Hossam Mounir