Egypt's CBE prohibits financing for company formation, capital increases, and dividend distributions
The CBE said the decision reaffirms the regulations governing the granting of credit facilities and forms part of broader ...
In a statement, the CBE said the decision reflects the Committee’s updated assessment of inflation trends and its outlook, following recent data showing a deceleration in headline inflation and a ...
The overnight deposit rate was maintained at 19 percent, the overnight lending rate at 20 percent, and the main operation rate at 19.5 percent. The discount rate was also held steady at 19.5 percent.
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