Egyptian banking sector expected to maintain strength, financial resilience: CBE
Banks operating in Egypt are capable of facing crises, providing finance for…
Credit facilities for 100 largest bank clients increase to EGP 603bn: CBE
Facilities are concentrated in 17 sectors, with 6 sectors accounting for 74.6%
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$55m was withdrawn from Egyptian credit and debit cards abroad in one…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…