Tag: CBE

Mobile wallets increase to 34 million, with monthly transactions of EGP 100bn in June 2023: CBE

85 million monthly transactions recorded in June, annual increase of 130%

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New government initiative to support tourism is under consideration: CBE

The Central Bank of Egypt (CBE) said that a new initiative to…

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Financial transactions through digital channels increase to about EGP 10trn: CBE

InstaPay users exceed 3.8 million, making about EGP 300bn worth transactions in…

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CBE takes first steps towards launching digital banks in Egypt

CBE announces new digital bank capital requirements, regulations

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Domestic liquidity in banking sector increases to EGP 8.14trn in May 2023: CBE

Total deposits in local currency in banks amounts to EGP 5.666trn

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We will not hesitate to use all available monetary policy tools to achieve targeted inflation rates: CBE

Path of basic interest rates depends on expected inflation rates, not prevailing…

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CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023

Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total…

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CBE strongly expected to keep basic interest rates unchanged on Thursday

Basic interest rates currently stand at 18.25% for deposit, 19.25% for lending

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Total financial position of banks in Egyptian market increases to EGP 12.780trn in February 2023: CBE

EGP 317.053bn capital, EGP 455.895bn reserves, and EGP 285.496bn appropriations

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CBE receives 21 offers worth $644.1m to cover dollar-denominated T-bill issuance

18 bids worth $554.1m were accepted, with interest ranging between 5.147% and…

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