Tag: Central Bank of Egypt

CBE explains rationale for holding interest rates steady for third consecutive meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

CBE to decide fate of EGP interest rates tomorrow

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Daily News Egypt

Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026

Banks operating in Egypt recorded combined net profits of EGP 218.410bn during…

Hossam Mounir

Balance sheet of banks in Egypt climbs to EGP 24.9trn in February as deposits, lending expand

The aggregate balance sheet of banks operating in Egypt, excluding the Central…

Hossam Mounir

CBE defines responsibilities of banks’ anti-fraud departments

The Central Bank of Egypt (CBE) has issued new guidance clarifying the…

Daily News Egypt

CBE, COMESA Clearing House hold workshop to promote REPSS

The Central Bank of Egypt (CBE), in cooperation with the COMESA Clearing…

Daily News Egypt

CBE prohibits financing for company formation, capital increases, and dividend distributions

The Central Bank of Egypt (CBE) has issued a directive requiring banks…

Hossam Mounir

Banks operating in Egypt adopt international ISO 20022 standard for financial transfers

In a pivotal step towards transforming Egypt's digital payments infrastructure, the Central…

Hossam Mounir