CBE studies using central bank digital currency
Central bank of Egypt forms work committees to examine CBDC usage in…
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$55m was withdrawn from Egyptian credit and debit cards abroad in one…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…
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,…
CBE pushes for sustainable financing in banking sector
100% of Egyptian banks measure carbon footprint of their internal activities: CBE
HC Securities expects CBE to raise basic rates by 2% next Thursday
This move would counter high inflation, attract inflows benefiting from price differences
CBE throws light on Egypt’s high inflation in November 2022
November’s high inflation was mainly caused by 27 October currency devaluation, continued…
CBE reveals top indicators of financial safety for banks by end of 3Q 2022
EGP 93.4bn in net profits, top 10 accounted for 78.29%
EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022
According to the financial statements of the CBE, the bank’s total assets…