Tag: CBE

Egypt records 5% average headline urban inflation in 2020: CBE

Real GDP growth records -1.7% in Q2 of 2020, before recovering to…

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Egypt’s annual urban headline inflation declines to 5.4% in December 2020: CBE

Subsequent inflation target has been set at average of 7% (±2%) during…

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Central Bank halts cash dividends at banks in anticipation of continued pandemic

Banks will not make cash dividends from profits or retained earnings to…

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Egypt’s central bank allocates EGP 15bn to finance dual-fuel vehicle conversions

According to the central bank imitative loan period ranges from seven to…

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High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Banking sector has witnessed high financial stability in past years, allowing it…

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Portfolio investment flows to EMs to recover slowly in 2021: CBE

Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…

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Egypt’s central bank leaves interest rates on hold

Central Bank of Egypt new inflation target has been set at 7%…

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Egyptian banking sector achieves EGP 45.549bn net profits in September

Top 10 banks in the Egyptian banking sector account for 65.5% of…

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Central Bank of Egypt to hold 8 monetary policy meetings in 2021

CBE to discuss future interest rates of Egyptian pound next Thursday

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Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE

Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP…

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