Central Bank of Egypt

Egypt’s central bank issues LE 19B on T-bills Sunday

Sun, 28 Feb 2021 - 10:45 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 11.5 billion with a 91-day term.

Egypt’s central bank issues LE 18B on T-bills Thursday

Thu, 25 Feb 2021 - 08:58 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 10.5 billion with a 182-day term.

LE 213 billion granted to SMES in credit facilities in 5 years

Tue, 23 Feb 2021 - 12:53 GMT

CBE indicated that 81 percent of the facilities has already been used for the industrial, agricultural and service sectors for 126,000 small and medium-sized companies, in addition to microfinance for more than 900,000 micro-clients.

Egypt's central bank obliges banks to increase financing directed to SMEs to 25%

Tue, 23 Feb 2021 - 12:35 GMT

It had been decided to provide funding to more than 120,000 companies and establishments, which would create and maintain job opportunities of about one million jobs.

Egypt's central bank issues LE 14B in T-bonds Monday

Mon, 22 Feb 2021 - 11:51 GMT

The T-bonds were offered in three installments, with the first valued at LE 7.5 billion with a five-year term.

Egypt’s central bank issues LE 16B on T-bills Sunday

Sun, 21 Feb 2021 - 12:08 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 4.5 billion with a 91-day term.

Egypt’s central bank issues LE 19.25B on T-bills Thursday

Thu, 18 Feb 2021 - 12:26 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 7 billion with a 182-day term

Egypt's central bank issues LE 17B in T-bonds Monday

Mon, 15 Feb 2021 - 09:59 GMT

The T-bonds were offered in three installments, with the first valued at LE 5 billion with a two-year term.

Finance Ministry auctions T-bills worth LE 16B

Sun, 14 Feb 2021 - 05:45 GMT

The ministry added that 273-day T-bills worth LE 11 billion were offered, with average yield of 13.178 percent.

Egypt’s central bank issues LE 16B on T-bills Sunday

Sun, 14 Feb 2021 - 09:13 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 5 billion with a 91-day term.

CBE launches initiative for cancelling fees of activating e-collection services

Fri, 12 Feb 2021 - 12:41 GMT

The Central Bank of Egypt (CBE) launched Saturday an initiative to cancel all fees that private sector’s MSMEs bear to activate the electronic collection services via the internet (E-Commerce) till the end of June 2021.

Egypt’s central bank issues LE 20B on T-bills Thursday

Thu, 11 Feb 2021 - 07:45 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 7.5 billion with a 182-day term.

Egypt's annual core inflation hits to 4.3% in January: CBE

Wed, 10 Feb 2021 - 03:44 GMT

Core inflation discounts or strips out certain categories that are considered more volatile.

Egypt's central bank issues LE 13B in T-bonds Monday

Mon, 08 Feb 2021 - 11:39 GMT

The T-bonds were offered in two installments, with the first valued at LE 8 billion with a five-year term.

Egypt’s central bank issues LE 16B on T-bills Sunday

Sun, 07 Feb 2021 - 10:58 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 4.5 billion with a 91-day term.

Banque Misr keeps monthly return on saving certificates at 11%

Fri, 05 Feb 2021 - 09:53 GMT

The Assets and Liabilities Committee (ALCO) at Banque Misr decided on Thursday to keep the interest rate or return on its three-year Summit Certificates, the return of which is paid monthly, at 11 percent.

Egypt’s foreign reserves hit $40.1B by end of January

Thu, 04 Feb 2021 - 04:38 GMT

Egypt’s foreign reserves hiked by about $94 million, recording $40.1 billion by the end of January 2021.

Egypt's central bank keeps interest rates unchanged in 2021's 1st meeting

Thu, 04 Feb 2021 - 04:20 GMT

The discount rate was also kept unchanged at 8.75 percent.

Finance Ministry auctions T-bills worth LE 19.2B

Thu, 04 Feb 2021 - 04:07 GMT

In an online statement the ministry said, it sold 182-day T-bonds worth LE 7 billion, with an average yield of 13.056 percent.

Egypt’s central bank issues LE 19.25B on T-bills Thursday

Thu, 04 Feb 2021 - 11:54 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 7 billion with a 182-day term.

More