Tag: The Central Bank of Egypt

Banks begin monitoring debit card transactions abroad

Misused debit cards will be suspended immediately, says the head of one…

Hossam Mounir

CBE launches new website

The new website is the first electronic index for supervisory instructions, says…

Hossam Mounir

Strong expectations about pound devaluation by CBE after raising interest rates

Analysts warn about the negative impact on inflation rate if the step…

Hossam Mounir

CBE offers treasury bills worth $700m

New tender to be issued for payment of old bills offered in…

Hossam Mounir

CBE reprints EGP 1 banknotes to face small change shortage

The new EGP 1 banknotes will be signed by Governor of the…

Hossam Mounir

CBE rejects parliamentary Industry Committee’s request to allocate 25% of monthly surplus

Minister of Investment pledged to present the ministry's work programme to the…

CBE sets new regulations for marketing banking products at gatherings, conferences

The CBE’s approval is required for delegates to market their products, says…

Hossam Mounir

CBE to present 3-month report of SME financing initiative to parliament

The financing initiative does not include micro-projects and Negm did not give…

CBE provides banks with $118.7m in weekly auction

The CBE sold US dollars at a fixed price of EGP 9.78.…

Hossam Mounir

Egypt’s foreign exchange reserves gain $450m in April: CBE

It explained in a statement on its website that the reserves increased…

Hossam Mounir