Egypt CBE increases reserve requirement on deposits by 14%
The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits from ten…
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Central Bank of Egypt
Egypt’s foreign reserves at new high, hit $36.53 bln at end-Sept
Egypt’s foreign reserves rose to $36.534 billion at the end of September from $36.143 billion at the end of August,…
Yields surge on Egypt’s three and nine-month T-bills
Average yields on Egypt’s three and nine-month treasury bills surged at Sunday’s auction, central bank data showed.…
Egyptian banks net profits grow 48% end-2016
Egypt’s banks made 62 billion Egyptian pounds ($3.5 billion) in net profit at the end of 2016 from 34 billion…
IMF praises Egypt’s CBE policies to control inflation rate
The International Monetary Fund (IMF) praised on Friday the Central Bank of Egypt (CBE) policies to control…
Egypt’s foreign debt ups by 42% in FY2016/17: CBE
Egypt’s foreign debt rose by 42 percent to $79 billion during the financial year 2016/2017, said Central Bank of…
Banque Misr has provided $6 bln to fund trade since pound float: official
Egypt’s second largest state-owned lender, Banque Misr has provided $6 billion to fund trade since the country…
Egypt banks’ domestic liquidity rose to 2.920 trillion pounds in June – C.bank
The Egyptian banking system’s local-currency liquidity surged in June than in the previous month, recording 2.920…
Egypt’s June loans rise to 1.418 trillion pounds – c.bank
Egypt’s banks extended more loans in June than in the previous month, recording 1.41 trillion Egyptian pounds…
Egyptian banks have provided $55.1 bln to fund trade since pound float
Egyptian banks have provided around $55.1 billion to fund trade since the country floated its currency in early…
