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
Central Bank of Egypt receives 33 bids worth €792m for euro-denominated T-bills
CBE accepts 27 offers, worth €622m, with average interest of 1.396
Central Bank of Egypt to offer €600m worth T-bills on Monday
Proceeds of this issuance will be directed to pay for previous bid…
Central Bank of Egypt sets unified definitions for active, dormant bank accounts
Banks to be allowed to close accounts in case of year-long inactivity…
Central Bank of Egypt explains reasons for fixing interest rates for 6th consecutive time
Initial indicators show continued improvement in most economic sectors: Monetary Policy Committee
Central Bank of Egypt directs local market to abide by sustainable financing principles
Achieving SDGs requires banks directing financing to more sustainable economic activities
Capital flows into EM keep recovering after March 2020 slump: Central Bank of Egypt
Continued rollout, development of vaccines is expected to support global economic recovery
Central Bank of Egypt initiates EGP 100bn mortgage finance initiative for low, middle incomers
Initiative offers unprecedented facilities, 3% diminishing interest, and longest repayment period up…
Central Bank of Egypt regulates commercial registration, documentation at banks
Step comes in light of strengthening cooperation between banking sector, ITDA, Notary…
Central Bank of Egypt extends precautionary measures against COVID-19 to 2021 end
This will see the precautions in place until 31 December 2021, rather…