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" CBE"
634 results
Business - Economy
10/28/2020 5:04:17 PM
Egypt’s NIRs started to bounce back by the end of June, to reach $38.2 billion, up from $36 billion in May
Business - Economy
10/25/2020 2:14:31 PM
The CIB’s shares were traded today at EGP 62, down from EGP 66.5 before the bank’s crisis, witnessing a trade volume of 3.5 million shares during Sunday’s session
Business - Economy
10/23/2020 6:17:02 PM
The CIB board also announced it decided to appoint Sherif Samir Samy, the current chairman of the governance and nomination committee, to assume the responsibilities of non-executive chairman of the board, subject to CBE approval
Business - Economy
10/19/2020 9:12:00 PM
The EJB also said that new legislation should be drafted to reduce the risks of digital currency use
Business - Economy
10/7/2020 3:45:47 PM
The foreign reserves had witnessed a significant decline since March when it stood at $45 billion due to coronavirus economic repercussions
Business - Economy
10/5/2020 2:51:44 PM
The new procedures facilitate opening accounts, deposits, and purchasing certificates using only national IDs
Business - Economy
9/25/2020 5:10:30 PM
The new cuts are the first since the slashing of interest rates by 3% (300 pbs) in March amid the COVID-19 crisis
Business - Economy
9/24/2020 3:22:26 PM
The law aims at maintaining banking and monetary stability and avoiding financial crises
Business - Economy
9/23/2020 3:16:52 PM
The CBE Committee is expected to hold its 8th periodic meeting on Thursday to review key interest rates
Business - Economy
9/21/2020 12:55:13 PM
The CBE offered T-bills in an auction on Sunday with the aim of attracting EGP 19 billion, with interest rates ranging between 12.9 percent and 13.6 percent
Business - Economy
9/16/2020 1:34:19 PM
The CBE will keep issuing free-of-charge electronic portfolios and prepaid cards for individuals while cancelling fees and commissions on money transactions via mobile phone accounts
Business - Economy
9/15/2020 12:21:51 PM
The six-month credit account suspension period is set to end on Thursday
Business - Economy
9/10/2020 3:08:41 PM
Some 260 international investment funds purchased $18 billion worth of treasury bills and bonds in Egyptian pounds due to their confidence in the Egyptian currency, said Amer
Business - Economy
9/8/2020 12:36:59 PM
Business - Economy
9/1/2020 6:11:49 PM
Business - Economy
9/1/2020 1:20:13 PM
Business - Economy
8/26/2020 2:37:19 PM
The yields will be used to bridge the gap in the state budget deficit
Business - Economy
8/24/2020 2:55:00 PM
On Sunday, the CBE offered T-bills in Egyptian pounds, on behalf of the finance ministry, worth EGP 20.5 billion over two terms to provide finances for the same purpose
Business - Economy
8/13/2020 8:40:00 PM
Rates were last cut in March, in the wake of the coronavirus crisis
Business - Economy
8/12/2020 10:02:52 PM
To contain the COVID-19 repercussions on the Egyptian economy, the CBE adopted a package of procedures that included slashing key interest rates in March by three percent
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