Central Bank of Egypt reveals reasons behind high inflation in September
This comes as monthly headline urban inflation recorded 1.1% in September compared…
CBE announces financial soundness indicators of Egyptian banking system during H1 2021
Total financial position of banking operating in Egypt increases to EGP 7.948trn
Central Bank of Egypt reveals performance indicators of banking system in FY 2020/21
Total financial position of banks operating locally reaches EGP 1.54trn
Egypt sees 1 billion electronic banking transactions worth over EGP 2.8trn in FY 2020/21: CBE
CBE initiative for electronic payment has contributed to increasing POS terminals to…
Egypt’s special drawing rights jump by $2.646bn in August: CBE
The Central Bank of Egypt (CBE) has revealed that the balance of special drawing…
CBE approves EFG Hermes, Sovereign Fund’s acquisition of Arab Investment Bank for EGP 3.8bn
Acquisition to increase issued, paid-in capital of AIB to EGP 5bn
CBE adopts rules regulating cash deposit, withdrawals interoperability through service providers
Rules aim to make best use of infrastructure of service providers, encourage…
Foreign investments in Egypt’s T-bills up to EGP 349.9bn in May 2021: CBE
Net foreign assets increased by EGP 150.2bn from July 2020 to April…
Financial positions of banks in Egypt rise by EGP 532bn in Q1 of 2021: CBE
Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions…
Net profits of banks in Egypt reach EGP 29.99bn in Q1 2021: CBE
Top 10 banks account for 87.84% of total profits recorded during Q1