Foreign deposits in Egypt banks rise to $12.42 bln April-end
Foreign deposits in Egypt rose to 741.759 billion Egyptian pounds ($12.42 billion) in April from 741.621 billion…
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Egypt pays $406 mln debt to Afreximbank: central bank
Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
Lebanon’s Bank Audi says 2018 Egypt net profit hits $77.2 mln
Lebanon-based lender Bank Audi said on Sunday its net profit in Egypt recorded 1.3 billion Egyptian pounds ($77.2…
CBE maintains interest rates during May
The Central Bank of Egypt (CBE) decided to maintain the overnight interest rate on deposits and loans, and…
US dollar price continues its decline against Egyptian pound
US dollar price continues its biggest downturn trend since 2017 against Egyptian pound, registering EGP 16.81 for…
Egypt’s domestic debt surges 4.108 trillion pounds in 2018 – c.bank
Egypt’s domestic debt surged 20.3 percent to 4.108 trillion Egyptian pounds ($242 billion) in the year to…
Egypt’s economy to increase by 5.9% in FY 2019-20: EBRD
Egyptian economic output likely to expand by 5.5 percent in the financial year 2018-19 and by 5.9 percent in…
Egypt’s foreign debt increases 16.6% at 2018 end
Central Bank of Egypt (CBE) said in a statement that the country’s foreign debt increased by 16.6% recording…
Egypt banks’ interbank trading volumes hit $10.7 mln since start of April – c.bank
Banks in Egypt have registered interbank trading volumes worth 184.1 million Egyptian pounds ($10.7 million) since…
Egypt banking sector assets rise to EGP5.47tn% in July – c.bank
The value of assets held by Egypt’s banking sector rose by 42.2 billion Egyptian pounds in January 2019 recording…