Banks Egypt’s CBE obliges banks to not deal with over 7 exchange bureaus Yomna Yasser May 10, 2017 0 The Central Bank of Egypt (CBE) issued directives to banks operating in the Egyptian market to not deal with more…
Banks Egyptian banks raised 101 billion pounds for SMEs – cbank official Yomna Yasser May 8, 2017 0 Egyptian banks have raised 101 billion Egyptian pounds ($5.6 billion) in finances for around 37,000 small and…
Banks CBE: Egypt cancels seven-year T-bond sale Yomna Yasser May 1, 2017 0 Egypt cancelled Sunday a 7-year Treasury bonds sale at an auction, data from the country’s central bank (CBE)…
Banks CBE governor chairs Egypt delegation for IMF, World Bank spring meetings Yomna Yasser Apr 18, 2017 0 Tarek Amer, governor of the Central Bank of Egypt, is heading his country’s high-level delegation of central bank…
Banks Egypt’s Misr Iran bank 2016 profits jump to 1 bln pounds on currency float Yomna Yasser Apr 16, 2017 0 Egypt’s Misr Iran Development Bank (MIDB) says profits had risen to one billion Egyptian pounds ($55 million)…
Banks Egypt central bank plans launch new unit for financial inclusion Yomna Yasser Apr 12, 2017 0 Egypt’s central bank is planning to establish a new unit designated to promote the financial inclusion process to…
Banks Gold holdings in Egypt’s foreign reserves hit $2.621 billion in March Yomna Yasser Apr 8, 2017 0 Egypt’s gold holdings recorded around $2.621 billion of foreign reserves, almost 47.1 billion Egyptian pounds, at…
Banks Egypt’s net FDIs surge 29% in Q4: CBE Yomna Yasser Apr 1, 2017 0 Egypt’s net foreign direct investments (FDIs) surged 29 percent in the fourth quarter of 2016, a recent report by…
Banks CBE is ready to repay Egypt’s foreign obligations: Amer Yomna Yasser Mar 28, 2017 0 Central Bank of Egypt (CBE) is ready to repay any foreign obligations on Egypt at any time without delay, the…
Banks Gulf deposits to Egypt sharply fall to $2 bln in 2016: official Yomna Yasser Mar 27, 2017 0 Deposits from the Gulf to Egypt’s central bank (CBE) have fallen to record $2 billion during 2016, from $31 billion…