Egyptian banking sector handles pandemic’s repercussions efficiently: CBE
Banks adopt special measures that result in growth of their credit, investment…
CBE launches integrated information security centre to predict cyberattacks
Bank keen to strengthen cybersecurity system, ensure their compliance with global standards:…
CBE approves launch of e-portal for smartphone wallet management
There are over 25 million e-wallets now in Egypt, with 27% growth…
CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency
The Central Bank of Egypt (CBE) received 33 bids from local and…
CBE’s assets increase to EGP 2.412trn in November 2021
According to the CBE’s financial position report for November, the bank’s balances…
Net foreign assets of banking system increase EGP 23.923bn in September 2021: CBE
Household sector accounts for 83% of total bank deposits, while private business…
CBE extends emergency decisions to deal with COVID-19 repercussions to June 2022
CBE decides to extend initiative to support tourism sector for additional year…
CBE explains fixing interest rates for 9th time in row
Keeping policy rates unchanged remains consistent with inflation target of 7% (±2%)…
CBE to decide fate of local interest rates heading into 2021-end
Monetary Policy Committee expected to keep base rates unchanged for ninth time…
$222m increase in Egypt’s FX reserves during November 2021: CBE
Gold reserves also grow by $5m, while SDRs decline $197m