Dollar loses 10-12 piasters in Egypt’s black market
Exchange firms pledged to support the Central Bank of Egypt (CBE) in its efforts to restore order in exchange…
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Central Bank of Egypt
Moody’s: Egypt c.bank’s USD deposit increase move won’t ease liquidity pressures
Moody’s said in a latest report Monday that the Egyptian central bank’s recent measure to increase the availability…
Egypt’s Central Bank policies reduce car imports in 2016
“Cars drain dollars.” This appears to be the operative phrase describing how the Central Bank of Egypt (CBE) views…
Fitch: Egypt’s new banking rules could weaken asset quality
Regulations to boost SME lending, issued by the Central Bank of Egypt earlier this month, could weaken the quality…
Moody’s lauds Egypt’s new measures to limit consumer loans
The international credit agency Moody's said Monday that the Central Bank of Egypt's (CBE) recent measures – which…
Moody’s: Egypt’s higher SME lending quota supports economy but endangers banks’…
The Central Bank of Egypt (CBE) instructed on January 11th Egyptian banks to raise their lending to small and…
Davos 2016: Egyptian central bank official to attend WEF meetings
Egypt, represented by a central bank official, will be taking part in the 46th annual meeting of the World Economic…
Egypt’s National Bank secures $46.6mn for defaulting industrial sector clients
National Bank of Egypt, the country’s biggest state-run bank, is offering new credit facilities worth 365 million…
Egypt aims to slash import bill by 25% in 2016: c.bank governor
Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central bank…
Al Baraka Bank Egypt says targets 20% growth in customer deposits
Al Baraka Bank Egypt, part of the Bahraini Al Baraka Group, is targeting a 20 percent growth in customers’ deposits…
