Egypt’s central bank leaves interest rates steady as inflation seen dropping
According to the MPC, inflation would sharply drop in the first quarter of 2025 and economic growth would progressively rebound in the fiscal year that started on July 1...
Tag : Central Bank of Egypt
IF Insights: Central Bank of Egypt’s prudent monetary policies lead to stability & growth
Establishing itself in January 1961, the Central Bank of Egypt replaced the National Bank of Egypt in note issuance and central banking operations...
Arab Monetary Fund loans Egypt USD 615.8 Million to strengthen banking sector reforms
The Arab Monetary Fund stated that it provides consultation on economic, financial, and development concerns and encourages policy debate among its member governments...
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...
Bank Audi to increase SME loan portfolio to EGP 5 bn by 2019 end
Central Bank of Egypt expects banks to increase SME loans on their portfolios by 20 percent by 2020...
SMEs in Egypt secures E£146 bn funding from Central Bank of Egypt
Under the Central Bank of Egypt’s initiative, banks will offer soft loans with interest rate of 5% to 7%...
AlexBank appints Non-Executive Chairman of The Board of Directors
The Board of Directors have approved the appointment of Dr. Ziad Ahmed Bahaa El-Din as Alexbank’s Non-Executive Chairman of The Board of Directors...