Central Banks

The Central Bank of Egypt
04:28 PM CBE to issue EGP 13.7bn treasury bills
Cairo - Mubasher: The Central Bank of Egypt (CBE) will issue on Sunday treasury bills worth EGP 13.5 billion, in coordination with the Ministry of Finance (MoF) to support the country’s budget deficit. The treasury bills will be issued through two …
The committee based its decision on the decline of annual headline and core inflation
16 November 09:54 PM CBE keeps interest rates unchanged as inflation drops
Cairo – Mubasher: The Central Bank of Egypt (CBE) on Thursday announced the results of the November meeting of Monetary Policy Committee (MPC), which kept the key interest rates unchanged. The MPC maintained the overnight deposit rate at 18.75%, …
Bids submitted to the loan amounted to $4.3 billion
14 November 08:06 PM CBE repays $2bn in debt, enters $3.1 repurchase deal
Cairo – Mubasher: The Central Bank of Egypt (CBE) has announced the repayment of $2 billion in debt to several international banks on 9 November and a new repurchase deal. A financial agreement was also renewed with these banks, which involves the …
Egypt inks expanded financing deal of $3.2bn
14 November 02:53 PM Egypt inks expanded financing deal of $3.2bn
Cairo - Mubasher: Tarek Amer, the Central Bank of Egypt’s (CBE) governor, has said that Egypt signed an expanded financing agreement with foreign banks valued at $3.2 billion. The purpose of this deal is to enhance the country’s foreign reserves …
Eurozone saw a year and a half of stable growth but the Brexit could negatively affect both the zone and the UK
13 November 05:13 PM Eurozone in strong broad growth, Brexit risk looms - IMF
Mubasher: The International Monetary Fund (IMF) said on Monday that the European economy is now hitting its stride, according to the latest Regional Economic Outlook report, as reported by Reuters on Monday. The report noted that the current …
CBE issues EGP 2.5bn T-bills Monday
13 November 12:46 PM CBE issues EGP 2.5bn T-bills Monday
Cairo - Mubasher: The Central Bank of Egypt (CBE) on Monday announced that it will issue treasury bonds (T-bills) worth EGP 2.5 billion, together with the Ministry of Finance (MoF), in order to finance the budget deficit. The bonds will be offered …
The Central Bank of Egypt
11 November 07:14 PM CBE to issue EGP15.5bn T-bills on Sunday
Cairo - Mubasher: The Central Bank of Egypt (CBE) will issue on Sunday treasury bills worth EGP 15.5 billion, in coordination with the Ministry of Finance (MoF) to support the country’s budget deficit. The treasury bills will be issued through two …
Month-on-month, the private sector banks’ deposits grew 1.04%
9 November 04:54 PM Deposits at Kuwaiti private banks rise 2.4% in September
Mubasher: Deposits at private sector banks in Kuwait rose in September by 2.4% year-on-year to KWD 34.95 billion from KWD 34.13 billion, data released by the Central Bank of Kuwait (CBK) showed Thursday. Month-on-month, the private sector banks’ …
The Saudi government arrested 11 princes
9 November 10:07 AM CBUAE requests info on 19 Saudi accounts
Abu Dhabi – Mubasher: The Central Bank of the UAE (CBUAE) on Thursday requested that Emirati banks provide more information regarding the accounts of 19 Saudi citizens. The accounts in question involve several of the names announced by the Saudi …
Bank of Japan maintained interest rates at -0.1%
8 November 05:47 PM IMF calls on Japan to maintain accommodative policy
Mubasher: The International Monetary Fund (IMF) has urged Japan to maintain its massive monetary stimulus to boost consumer prices, as reported by Reuters on Wednesday. This is reinforcing expectations that Japan’ accommodative policy will …
FDI to reach $12 billion during the fiscal year 2017/2018
8 November 01:52 PM FDI in Egypt to hit $12bn in 2017/2018 - Nasr
Cairo - Mubasher: Sahar Nasr, minister of investment and international cooperation, expected an increase in foreign direct investment (FDI) to reach $12 billion during the fiscal year 2017/2018 instead of the $10 billion projected by the …
Saudi reserve assets reached SAR 1.82 trillion
6 November 06:36 PM Saudi foreign assets down 3% in Q3 - SAMA
Riyadh - Mubasher: The data of the Saudi Arabian Monetary Authority (SAMA) showed that net foreign exchange assets reported a 3% decline in the third quarter of 2017 to SAR 1.8 trillion ($482.4 billion). SAMA said in a report issued on Monday that …
CBE issues EGP 2.25bn T-bills Monday
6 November 10:56 AM CBE issues EGP 2.25bn T-bills Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 2.25 billion on Monday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
For over a week, Powell has topped the list of Fed chair candidates
2 November 05:49 PM Trump likely to name Jerome Powell as new Fed chair
Mubasher: US President Donald Trump is expected to name Jerome Powell as the new chair for the US central bank on Thursday, US media reported.  This comes after Trump held interviews with five other candidates, including the current chair Janet …
The Federal Reserve is the Central Banking System of the United States of America
1 November 09:41 PM US Federal Reserve maintains interest rates
Mubasher: The American Federal Reserve has kept interest rates unchanged on Wednesday, in line with the majority of experts’ expectations. The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 1% to …
China’s PBC injects $75bn in banking system in October
1 November 02:34 PM China’s PBC injects $75bn in banking system in October
Mubasher: The People’s Bank of China (PBC) on Wednesday said it pumped CYN 498 billion ($75.05 billion) in the country’s banking system during October, through medium-term lending facilities. The interest ratio on medium-term lending facilities …
Photo Archive
30 October 06:47 PM Croatia seeks to adopt euro in 7-8 yrs
Mubasher: Croatia's prime minister Andrej Plenkovic said on Monday that his country aims to become a eurozone member within the next seven to eight years, according to Reuters. “We don’t want to specify the exact dates, but we want Croatia to …
Saudi foreign reserve assets drop to SAR 1.82tn YoY in September – SAMA
30 October 05:49 PM KSA's foreign reserve assets drop to SAR 1.82tn YoY in September – SAMA
Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) foreign reserve assets declined 12.4% to SAR 1.82 trillion ($485 billion) year-on-year in September, from SAR 2.087 trillion ($553 billion), according to its monthly report. The …
Saudi general reserves slide SAR 233bn YoY in September - SAMA
30 October 12:32 PM Saudi general reserves slide SAR 233bn YoY in September - SAMA
Riyadh – Mubasher: Saudi Arabian general reserves retreated 27.6% or SAR 233 billion year-on-year by the end of September 2017 to SAR 612.68 billion, from SAR 845.68 billion, Saudi Arabian Monetary Authority’s (SAMA) data revealed. Month-on-month, …
CBE issues EGP 2.5bn T-bills Monday
30 October 10:30 AM CBE issues EGP 2.5bn T-bills Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 2.5 billion on Monday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
SAMA assets fall 13.3% end September – SAMA
29 October 05:39 PM SAMA assets fall 13.3% end September – SAMA
Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) assets retreated 13.3% to reach SAR 1.877 trillion ($50.1 billion) by the end of September 2017, compared to SAR 2.165 trillion ($577 billion) in the year-ago period. The SAMA …
CBE issues EGP 13.25bn T-bills Thursday
29 October 10:38 AM CBE issues EGP 13.25bn T-bills Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 13.25 billion on Sunday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
SAMA’s foreign reserves drop with lower ration during 2017 – Al-Kholifey
26 October 05:53 PM SAMA’s foreign reserves drop with lower ration during 2017 – Al-Kholifey
Riyadh – Mubasher: The foreign reserves of the Saudi Arabian Monetary Authority (SAMA) tumbled with a lower ratio during 2017, Aleqtisadiah newspaper on Thursday reported, citing SAMA’s governor Ahmed Al-Kholifey as saying. The foreign reserves …
Kuwaiti banks’ assets up to highest level in 5 yrs
25 October 04:56 PM Kuwaiti banks’ assets up to highest level in 5 yrs - CBK
Mubasher: The Central Bank of Kuwait (CBK) on Wednesday reported that Kuwaiti banks’ assets rose 0.9% month-on-month in August to its highest level since 2012. Total assets of local banks stood at KWD 62.79 billion ($208.15 billion) in August, …
CBK’s foreign assets fall to lowest level in 6M
25 October 02:24 PM CBK’s foreign assets fall to lowest level in 6M
Kuwait – Mubasher: The Central Bank of Kuwait (CBK) on Wednesday posted that its foreign assets declined in August to its lowest levels since February. The volume of the CBK’s foreign assets fell 1.4% to KWD 9.09 billion ($30.1 billion) in August, …