Tag: The Central Bank of Egypt

CBE directs increasing banks’ contributions in Decent Life initiative

Banks inject EGP 826m in finance to 17,000 small, micro enterprises within…

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Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021

Net profits of banks increase to EGP 107.132bn in December, compared to…

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CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency

The Central Bank of Egypt (CBE) received 33 bids from local and…

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Egypt launches foreign exchange trading with instant settlement system on 22 March

New system shortens time frame to execute payments in foreign currencies between…

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Egypt’s foreign debt rises to $125.3bn in September 2020: CBE

Net foreign assets increase by EGP 125.9bn within four months

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Banks to inject EGP 117bn into MSMEs until 2022 end: CBE

Banks in Egypt required to increase financing to MSMEs to 25% of…

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EGP 481bn increase in financial position of banks in Egypt during Q3 2020

CBE indicated that the capital of the 10 largest banks operating in…

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90% of Egypt’s foreign debts are long-term: CBE

At 33.5% of GDP, debt levels are within safe limits compared to…

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EMs see rising capital inflows since May 2020: CBE

Monetary, financial stimulus policies and structural reforms alleviate pandemic’s consequences on neediest…

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CBE simplifies bank account opening for individuals, micro enterprises

The move took place in cooperation with the Egyptian Money Laundering and…

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