Banks Finance Ministry Offers 182- and 357-day T-Bills Worth EGP 6.5 bn Administrator Mar 22, 2012 0 Ministry of Finance has announced on Thursday selling 182-and 357-day treasury bills worth EGP 6.5 billion in an…
Banks Experts: Reducing Interest Rates Is An Urge To Boost Foreign Investment Administrator Mar 22, 2012 0 Money market experts demanded reducing interest rates in Egypt so as to increase foreign investments that will in…
Banks CBE Reduces Corridor Rate By 0.5% After 3-Year-Fixation Administrator Mar 21, 2012 0 Monetary policy committee at Central Bank of Egypt (CBE) plans to reduce lending and deposit rates “Corridor rate",…
Banks CBE Reduces Reserve Requirement to 12% On Increasing Deficit Amwal Al Ghad English Mar 20, 2012 0 Egypt's central bank decided Tuesday to reduce the proportion of reserve requirement on domestic deposits with…
Banks CBE Sells 273-Day T-Bills With EGP 4.5 bn Administrator Mar 18, 2012 0 The average yield at an auction on Sunday of Egyptian 273-day treasury bills declined, and the central bank sold…
Banks CBE discusses disbursing US$ 408 m yellow remittances Administrator Mar 18, 2012 0 Central Bank of Egypt (CBE) is holding a meeting today with banks participating in disbursing the value of yellow…
Banks CBE stirs debates over guaranteeing loans to SMEs Administrator Mar 17, 2012 0 Central Bank of Egypt (CBE) is currently studying establishing an institute that will guarantee the loans offered…
Financial Institutions CBE: Commodities Increase Monthly Inflation Rate By 0.67% Administrator Mar 17, 2012 0 Central Bank of Egypt (CBE) attributed the 0.67% general inflation increase to the increase in food prices…
Banks CBE: Basel II To Be Applied By 2012 End Administrator Mar 15, 2012 0 Central Bank of Egypt ended with preparing Basel II banking reform program, whose preparation started since 2009…
Banks Audi Bank: Stability Will Boost Egypt’s Economy Administrator Mar 15, 2012 0 Audi Bank cited that Egypt’s real GDP is estimated to have slowed to 1.2% in FY 2011, against 5.1% in FY 2010 as…