Tag: The Central Bank of Egypt

Limited changes in boards of government banks before end of September 2017

Two leaders expected to be sacked, 4 likely to stay, ambiguity surrounds…

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Did CBE miscalculate including part of hot money within foreign exchange reserves?

A debate among analysts about the CBE's inclusion of foreign investment in…

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Banknote issuance to GDP increases to 12.68% in February: CBE

CBE issued banknotes of EGP 411.559bn in February, compared to EGP 405.416bn…

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CBE completes new Banking Law draft, sends it to FEB for review

Foreign exchange shortage is over as Egypt collected $45bn since flotation, says…

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CBE launches initiative to finance microenterprises at end of May

About 37,000 small and medium-sized companies received loans worth EGP 101bn between…

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

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

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Egypt’s MPC maintains policy rates as forecasted by CI Captial

The Central Bank of Egypt (CBE) decided to keep its overnight deposit…

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The Pound losing ground despite rising stock prices

In November, the Egyptian administration floated the Egyptian pound to secure a…

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CBE allocates EGP 10bn to finance SMEs in several sectors

Financing priority given to companies working in the exporting sector and producers…

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CBE calls on banks to reconsider limits of credit they grant clients

CBE issues regulations to benefit from covering debts of companies resulting from…

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