Tag: CBE

CBE amends instructions on bank governance, board formation

Maximum two terms for non-executive board members, with limit of six consecutive…

Hossam Mounir

CBE to issue $1.6bn worth T-bills on Monday

Proceeds of bid directed to pay previous tender worth $1.585bn

Hossam Mounir

Keeping policy rates unchanged remains consistent with 7% (±2%) inflation target: CBE

Yields on Egyptian Eurobonds have been broadly stabilized in August 2021 after…

Hossam Mounir

CBE, GAFI, and I-Score agree to exchange data electronically, facilitate procedures for investors

Protocol facilitates investment procedures by directly linking banks to GAFI instead of…

Hossam Mounir

CBE approves instant payment network regulations, to be launched in current quarter

Regulations aim to allow payments sent between accounts at different banks to…

Hossam Mounir

CBE expected to keep interest rates on hold for eighth time in a row

The MPC periodic meeting comes amid strong market expectations that it will…

Hossam Mounir

Financial position of banks in Egypt rises to EGP 8trn in end July: CBE

Deposits amount to EGP 5.837trn, credit facilities record EGP 2.855trn

Hossam Mounir

Central Bank of Egypt reveals reasons behind high inflation in September

This comes as monthly headline urban inflation recorded 1.1% in September compared…

Hossam Mounir

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

Hossam Mounir

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

Hossam Mounir