Latest in Tag: Governor of the Central Bank of Egypt Highlight
Latest in Tag: Governor of the Central Bank of Egypt
Amer starts second term in CBE by launching three initiatives to support industry, medium income housing
Directives from president to allocate EGP 100m for industry sector, EGP 50bn for medium housing with 10% interest
CBE Governor Tarek Amer to remain in office until 2023
Amer, whose term ends this week, was appointed in 2015, succeeding former governor Hisham Ramez.
Egypt’s Long-term external debt at 87%: Amer
13% of short-term debts are deposits from Arab countries that are renewed every four years
Amer briefs new PM on forex reserves updates, monetary, financial policy legislation
CBE governor discusses with communications minister enhancing cooperation to transform into digital economy, achieve financial inclusion
We are continuing to move economy, Egyptian people to unprecedented place: CBE governor
President showed great courage in face of challenges, giving us support to make difficult decisions, says Amer
CBE governor reveals secret of FX reserves hike in January 2018
CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down to $350m, including $60m paid in December 2017, $290m in January
CBE Governor directs banks to expand financing of SMEs
Restructuring the Credit Guarantee Co. S.A.E is an important step to provide financing for new companies, says Helal
Amer, Al-Assar, chairpersons of state-owned banks in talks about supporting Egyptian industries
Pushing local development, manufacturing top public banks’ priorities, says Amer
SMEs to receive tax exemption: CBE governor
Inclusion of 9 m clients in mobile banking services
CBE completes electronic linking system with COMESA banks
The project is a new positive step towards supporting Egyptian economic relations with African countries, says CBE governor
No waiting lists for dollar, we provided $71bn since November 2015: CBE Governor
Egypt will pay $1.5bn of foreign oil companies arrears in 2017
Pound’s flotation on the table since December 2015 as part of an integrated economic reform programme: CBE governor
Amer reveals preparations behind 3 November decisions, saying they were supported by political leadership
Amer reveals CBE’s monetary policy
New policy aimed at reducing inflation and financing growth through a more flexible exchange rate policy
Amer, banking leaders attend Builders of Egypt Forum to highlight banking sector’s role financing major projects
The forum this year will focus on development of national projects
Amer informs Ministry of Finance of banks’ rejection of VAT
A high-level meeting was held between Ministry of Finance and CBE to discuss a solution
Amer holds first CBE board meeting after formation Thursday
The market is also awaiting any indicators from the CBE regarding the trend of local interest rates after the sudden movements taken by some banks in the last period.
Forex suspended in anticipation of new CBE governor’s decisions
Black market records EGP 8.30 for dollar, while banks maintain it at EGP 8.03
Amer: CBE’s 13th governor
The Central Bank law No. 88 for 2003 provides in article 10 that the governor is appointed by a presidential decree on the nomination of the Prime Minister for a period of 4 years, subject to renewal.
Banking leaders hail Amer’s appointment as right step
This is due to his wide experience in managing the monetary policy and the exchange market which he gained during his tenure as deputy governor of the CBE, according to banking leaders in statements to Daily News Egypt.