Financial inclusion reaches 64.8% in 2022: CBE
42.3 million citizens own, use transactional accounts, of whom 18.3 million are…
Central Bank of Egypt considers raising banks’ reserve requirement
The source added that the Central Bank of Egypt could hike the…
Banks offer EGP 4bn to 172k small, micro enterprises in Decent Life initiative: CBE
52k bank accounts, 13k mobile wallets were opened in villages
Domestic liquidity in banking sector increases to EGP 7.8trn in February 2023: CBE
Total non-governmental deposits in local currency amounted to EGP 5.549trn
Tightening monetary policy prerequisite for achieving inflation targets of 7% (±2%) in 4Q 2024, 5% (±2%) in 4Q 2026: CBE
The CBE stated that the widespread rise in inflation requires more monetary…
CBE to decide fate of EGP interest rate amid strong expectations of new rise
I expect 2-3% interest rate hike, but I hope it won’t change:…
E-payment cards in banking sector increase to 57.475 million in 2022: CBE
1582% growth in points of sale over 8 years
Financial position of banks in Egyptian market increases to EGP 11.399trn in 2022: CBE
Customer deposits jump to EGP 8.562trn, lending and discount balance records EGP…
CBE allows women to open savings vessels to their minor children, should mothers provide money as donation
It comes within CBE’s efforts to enhance financial inclusion
Net profits of banks operating in Egyptian market increase to EGP 130.844bn in 2022: CBE
Top 10 banks account for about 77.59% of total profits of banks