Egypt’s external debt registers $137.4bn in September 2021: CBE
Long-term debt accounts for 91.6% ($125.9bn) of total external debt
Work underway on centralised online banking system: CBE
‘Know Your Customer’ project will enable citizens to open bank accounts online:…
CBE leads efforts to promote fintech in local banking market: Sub-Governor
This year will witness many fintech projects, including instant payment network: Ayman…
Non-government bank deposits in local currency record EGP 4.457trn in January 2022: CBE
Non-government deposits in foreign currencies reach EGP 659.901bn in January 2022
Total financial position of banks in Egyptian market approaches EGP 9trn in November 2021: CBE
Bank deposits increase to EGP 6.306trn, credit facilities up to EGP 3.066trn,…
FDI in Egypt registers $1.664bn in 1Q 2021/22: CBE
Total inflows rise to $3.704bn, compared to $3.497 during 1Q 2020/21
Egypt’s CBE launches initiative to ensure import operations are carried out using documentary credits
The initiative targets customers who have a history of importing through collection…
Keeping policy rates unchanged remains consistent with achieving the CBE’s next inflation target
Domestic economic activity is expected to record robust growth figures along the…
CBE reveals reasons for high inflation in January 2022
Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…
CBE to stop accepting documentary collection in import operations
Branches of foreign companies will be exempted from this decision