CBE encourages banks to invest in equity for SMEs through some incentives
The Central Bank of Egypt (CBE) agreed to allow banks to count their own equity investments in SME-focused funds as…
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Central Bank of Egypt
CBE maintains interest rates during May
The Central Bank of Egypt (CBE) decided to maintain the overnight interest rate on deposits and loans, and…
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 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…
Egypt central bank governor says foreign debt not worrying
Egypt’s central bank governor said on Friday the country was not worried about its levels of foreign debt.
Egyptian market needs EGP1.5 tn funds to raise development rates:Amer
The banking sector needs to pump funds of 1.5 trillion into the Egyptian market to support the economy and increase…
Egypt’s foreign inflows exceeded $150 bln since 2016 pound flat – c.bank head
Egypt’s central bank governor said on Friday foreign inflows had exceeded $150 billion since its pound currency was…
Banque Misr pumps EGP 5bln into SMEs among CBE initiative
Egypt’s second-largest state-run bank, Banque Misr, pumped 5 billion Egyptian pounds as part of the Central Bank of…
Billionaire Naguib Sawiris plans to set up Egypt-based SME bank
Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country specialising in services for…
