Financial Institutions IMF mission seen in July as Egypt starts $5 bln loan talks: minister Yomna Yasser Jun 27, 2016 0 A delegation from the International Monetary Fund (IMF) is expected to visit Egypt next June to resume talks over a…
Banks Cairo court ‘voids’ central bank’s 9-year term limit decree for bank CEOs Yomna Yasser Jun 26, 2016 0 An Egyptian court has quashed Sunday the central bank’s decision to put a time limit on the tenures of chief…
Banks Egypt central bank pumped $15.694 bln into banks in Nov-April Yomna Yasser Jun 8, 2016 0 Egypt's central bank injected $15.694 billion into the country's banks from November through April through both…
Banks Egypt’s largest state bank to boost SME financing in FY2016/7 by 30% Yomna Yasser May 30, 2016 0 The National Bank of Egypt (NBE), the country’s largest public lender, plans to extend its portfolio of financing…
Banks Egypt’s central bank sub governor for monetary policy to join IMF Yomna Yasser May 26, 2016 0 Egypt's central bank sub governor for monetary policy is joining the International Monetary Fund (IMF) in August, a…
Banks Banque Du Caire says to inject $169 mln in SME projects this year Yomna Yasser May 14, 2016 0 Egypt’s third biggest public lender Banque du Caire plans to inject 1.5 billion Egyptian pounds ($169 million) into…
Banks Egypt to issue $1.250 bln one year dollar-denominated T-bill Yomna Yasser May 5, 2016 0 Egypt's Finance Ministry will issue $1.250 billion in one-year dollar-denominated treasury bills to local banks and…
Banks Egypt’s foreign reserves surge to highest in 8 months Yomna Yasser May 5, 2016 0 Egypt’s foreign reserves inched up to the highest since August after the country’s cash savings grew. Net…
Banks Central Bank of Egypt keeps key interest rates ‘unchanged’ Yomna Yasser Apr 28, 2016 0 Egypt's central bank has decided Thursday to keep its key interest rates unchanged in its first decision since it…
forex news Egypt central bank currently has no intention to devalue pound Yomna Yasser Apr 19, 2016 0 As Egypt faces a dollar crisis, the Central Bank of Egypt (CBE) says it has "no intention" of devaluing the…