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…
Banks Banks’ credit facilities grow EGP 3.4 bn in December Administrator Mar 8, 2012 0 Credit facilities granted by banks in Egypt increased by 3.4 billion, or 0.7%, in December as it reached EGP 489.7…
Banks CBE: Debt to GDP reaches 72% at the end of Q4 Administrator Mar 8, 2012 0 Public debt increased to EGP 1.132 trillion, 72.2% of the total GDP which is EGP 1.570 trillion in the fiscal year…
Banks Fitch: the slowing fall of Egypt FX reserves is “encouraging” Administrator Mar 6, 2012 0 The slowing pace of the fall in Egyptian foreign exchange reserves in February is encouraging, but the continuing…
Banks National Bank for Development registers a EGP 2.6 billion deferred loss in 2011 Administrator Mar 4, 2012 0 National Bank for Development’s losses rose to EGP 2.614 billion in 2011, which is higher than the EGP 2 billion…
Banks CBE offers 273-days treasury bills with EGP 3.5 billion Administrator Mar 3, 2012 0 Central Bank of Egypt, on behalf of Ministry of Finance, offers 273-days treasury bills in value to EGP 3.5…