Latest in Tag: Tarek Amer Highlight
Latest in Tag: Tarek Amer
CBE will not hesitate to take measures it deems necessary to curb inflation: CBE Governor
The governor added that negotiations with the IMF are going well
Global Finance Magazine names Central Bank of Egypt Governor among world’s top 10
Tarek Amer receives ‘A’ score along with central bank governors of European Union, China, among others Global Finance Magazine has selected the Central Bank of Egypt Governor Tarek Amer as one of the world’s top 10 central banks governors. The magazine released the names of Central Bank Governors who earned “A” or “A-” grades as part of its Central Banker Report …
Al-Sisi directs banks in Egypt to continue local market support, development financing
About EGP 180bn has been invested in 120,000 companies as part of CBE initiative to support MSMEs, says CBE Governor
CBE issues EGP 100bn stimulation for private sector borrowing: Amer
Initiatives are to help Egypt’s economy overcome ongoing pandemic
Outflow of foreign investments in EGX reaches $500m: CBE Governor
CBE has EGP 1trn of excess liquidity, deferred loan installments recorded EGP 1.8trn
CBE cuts interest rate by 3% in emergency MPC meeting
CBE has taken strong measures in anticipation of possible impacts of global conditions on Egypt’s economy, says Tarek Amer
Renewing SME initiative for another 4 years: CBE’s Amer
Banks pumped EGP 160bn to finance 86,000 small, medium enterprises
CBE reveals Monetary Policy Committee formation led by Tarek Amer
Committee membership includes Negm, Aboul Naga, Omran, El Araby, and El Ahwany
CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income
The CBE decided to keep the maximum for personal housing loans at 40% of the total monthly income.
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
Egypt’s government, CBE prepare to launch manufacturing support initiative
The initiative is expected to be announced next Wednesday
Why CBE Governor Tarek Amer was selected to serve another 4-year term?
CBE under Amer succeeded in managing the files of monetary policy and exchange market, which reflected positively on the performance of the national economy as a whole, say bankers
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
CBE authorises 28 banks to provide mobile payment services in Egypt: Amer
Subscribers reach 13.5 million by end-June, with a total value of transactions of EGP 20bn as of September
Al-Sisi directs government to focus on human, social development
“GDP rate has increased in past FY to reach 5.6%,” says CBE Governor
Madbouly, Amer inaugurate 43rd session of Council of Arab Central Banks Governors, Arab Monetary Associations on Sunday
Meetings discuss latest economic, financial, monetary developments, banking supervision, financial stability, inclusiveness, and modern financial technologies, according to AMF
Amer: 30-40% of Banque du Caire shares to be floated by October 2019
CBE receives 3 bids for United Bank, awaiting new offers
CBE governor, communications minister discuss expanding banking services in villages
Amer witnesses signing cooperation protocol to train workers of banking sector in fields of information security, data analysis, financial technology, AI
US investment fund to buy United Bank of Egypt in 3 months, CBE to maintain stake: Amer
The United Bank of Egypt will be sold to a major US investment fund within three months, the Central Bank of Egypt’s (CBE) Governor Tarek Amer revealed on Monday. Amer told Daily News Egypt that the CBE will retain a stake in the bank, without revealing the size of this stake. The CBE owns 99.9% …
CBE to renew up middle housing projects initiative in July: REDC
Banking sector representatives express their appetite on financing real estate
Egypt, IMF discuss future cooperation after loan ends: Amer
Tourism revenues estimated at $10-12bn this year, targeted to reach $20bn annually
Egypt’s foreign exchange inflows hit $150bn since November 2016
Washington, DC- Foreign exchange flows received by the Central Bank of Egypt (CBE) since the flotation of the Egyptian pound since 3 November 2016 exceeded EGP 150bn, Governor of the CBE Tarek Amer said on Friday. Amer added in an exclusive statement to Daily News Egypt on the sidelines of the International Monetary Fund’s (IMF) …
CBE governor calls for enhancing independence of central banks in Africa
During meeting of Association of African Central Banks in Dakar
Nile Pioneer initiative officially begins on Sunday, sponsored by CBE
Establishing 30 business development centres under initiative during current year in 16 governorates
Amer to chair AACB’s meetings in March
Meetings will include preparations for AACB’s continental seminar to be held in cooperation with CBE
Dollar value falls by over EGP 0.22, biggest decline in 9 months
American currency supply increases in interbank market amid resumption of foreign investment in government debt instruments
ABE general assembly adopts bank’s articles of association
Assembly decision last measure to complete implementation of Law 84 for merger of Upper, Lower Egypt banks into main bank: Elkosayer
CBE Governor, Libyan bank delegation, discuss fortifying mutual cooperation, exchanging experiences between two sides
Both sides agree on economic issues, pay great attention to technical support, training programmes: CBE
CBE unlikely to extend initiative to settle bad debts
Weak turnout by defaulters, 6 months enough for those who want to settle their debts: prominent banker