Tag: CBE

CBE approves 3rd edition rules for mobile wallet payment services

Transactions made through mobile wallets in 2020 reach EGP 100bn, according toCBE

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Egypt sees some leading indicators to maintain economic recovery in Q4 2020: CBE

Upward movement builds on initial recovery following easing of partial lockdown measures,…

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Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE

Net foreign assets increase by EGP 152.5bn over 7 months

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Egypt’s external debt increases to $129.2bn in 2020: CBE

Short-term debt decreases to 9.2% of total external debt in 2020

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Egypt sees remittances rise by $1.7bn between July 2020 – January 2021: CBE

Increase sees remittances increase to about $18.1bn in January 2021

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Egypt provides electronic channels for pension disbursement

Move supports state's direction to transform into cashless society, increase use of…

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Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE

Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…

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CBE, Supply Ministry sign finance agreement to develop bakeries through banks

Agreement comes as part of Presidential directives to maximise use of Egypt’s…

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CBE to provide ABE additional EGP 1bn to finance livestock project

Approval from CBE raises lending portfolio for this project to EGP 3bn,…

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CBE celebrates winners of ‘FinYology – FinTech for Youth’ Initiative

Initiative organised by FinTech Egypt encourages young talents to participate in creating…

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