Outstanding balance of local T-bills, bonds reaches EGP 4.3trn in November 2022: Finance Ministry
Finance Ministry also offers Japanese-yen-denominated bonds worth of $500m in March 2022
CBE spots illegal foreign exchange trading schemes
$55m was withdrawn from Egyptian credit and debit cards abroad in one…
CBE extends two tourism support initiatives to March 2023
Initiative allows postponement of debt payment
CBE offers one-year incentives to support e-payments
Under new incentives, Egyptian pound-backed transactions made online will be exempted from…
Al Baraka Bank offers EGP 90m to Solidarity Microfinance to support microenterprises by women
Bank is keen on developing role of women economically and socially: Chairperson…
CBE warns of misuse of bank cards, fraud to obtain foreign exchange without need for it
We monitored the use of some credit, debit cards in operations abroad,…
Banks to discuss fate of interest rate on savings, loan products on Sunday
The market awaits the first reaction to return-on-debt instruments
CBE sets new inflation target until 2026
4Q 2024 inflation target stands at 7% (±2%), 5% (±2%) in 4Q…
Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022
The basic interest rate has been raised by 5% in 2022
CBE pushes for sustainable financing in banking sector
100% of Egyptian banks measure carbon footprint of their internal activities: CBE