Egypt sees EGP 104.191bn increase in local currency bank deposits during March 2021: CBE
Foreign currency deposits see stability, while volume of foreign assets at CBE…
Egypt’s Finance Ministry to issue T-bills, T-bonds worth total of EGP 198bn in May
Government’s plan includes 16 T-bills offerings worth EGP 142bn, 11 T-bonds offerings…
Egypt’s SMEs Development Agency allocates EGP 75m to convert 9,500 cars to natural gas
Vehicle owners can pay for conversion in instalments over 1-5 years
CBE to review interest rates amid strong expectations of no change
Bank maintains, on 18 March, its basic interest rates for third consecutive…
Egypt’s external debt up $1.8bn to $125.3bn in September 2020: CBE
Long-term debt accounts for 90.2% or $113.0bn of total external debt
Egypt issues digital payment, lending, saving rules for mobile wallets
EGP 5,000 maximum limit set for mobile loans for individuals for 1…
CBE approves 3rd edition rules for mobile wallet payment services
Transactions made through mobile wallets in 2020 reach EGP 100bn, according toCBE
Egypt sees some leading indicators to maintain economic recovery in Q4 2020: CBE
Upward movement builds on initial recovery following easing of partial lockdown measures,…
saib Bank targets over 50% growth in retail banking portfolio during 2021
Personal loans represent 48% of bank’s total loan portfolio, while auto loans…
Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE
Net foreign assets increase by EGP 152.5bn over 7 months