CBE Sells EGP 5.5 Bln T-Bills
The Central Bank of Egypt (CBE) said yields rose at an auction of treasury bills on Thursday, with the government…
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Central Bank of Egypt
Faisal Bank Reports EGP 283 Mln Net Profit In H1
Faisal Islamic Bank of Egypt reported net profit of EGP 283.6 million at the end of June 2012, up from EGP 152.9…
IMF Expected to Demand that Egypt Devalues on Currency: Samir Radwan
As Qatar prepares to credit the first installment of its $2 billion deposit into Egypt’s central bank, the former…
Banks Ready To Finance PPP Projects: Bankers
Bankers affirmed that the Egyptian banking sector has the ability to meet the financial requirements of the 11…
Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…
Egyptian Banks Not Hurt By Frequent Power Outages
Most bankers said that the frequent power outages occurred since the hot summer months began did not affect the…
CBE Grants IDBE EGP 500 Mln Capital-Support Loan
The Industrial Development and Workers Bank of Egypt (IDBE) received a capital-support loan worth EGP 500 million…
NBE Renews EGP 22 Bln Credit Facilities For EGPC
The National Bank of Egypt (NBE) approved the renewal of EGP 22 billion credit facilities for the Egyptian General…
Ismail Hassan Violated CBE’s Rules By Appointing Gamal Mubarak At AAIB: Bankers
A number of bankers criticized the statements said by Ismail Hassan, the former governor of the Central Bank of…
CBE Leaves Interest Rates Unchanged As Inflation Dropped, GDP Grew
The Central Bank of Egypt (CBE) said it left overnight deposit and lending rates unchanged in its meeting last…
