Banks offer EGP 4bn to 172k small, micro enterprises in Decent Life initiative: CBE
52k bank accounts, 13k mobile wallets were opened in villages
Domestic liquidity in banking sector increases to EGP 7.8trn in February 2023: CBE
Total non-governmental deposits in local currency amounted to EGP 5.549trn
CBE to decide fate of EGP interest rate amid strong expectations of new rise
I expect 2-3% interest rate hike, but I hope it won’t change:…
Egypt’s foreign trade records $29.032bn in 1Q FY2023: CBE
Egypt’s imports reach $19.067bn, while exports record $9.965bn
E-payment cards in banking sector increase to 57.475 million in 2022: CBE
1582% growth in points of sale over 8 years
BDS Hubs at NilePreneurs offer EGP 3.85bn to 4,800 start-ups in 2022
14 banks participating in initiative open more than 36 BDS Hubs, 4…
Outstanding balance of local T-bills, bonds reaches EGP 4.44trn in February 2023: Finance Ministry
According to the latest report published by the ministry on its website,…
Financial position of banks in Egyptian market increases to EGP 11.399trn in 2022: CBE
Customer deposits jump to EGP 8.562trn, lending and discount balance records EGP…
Kuwait extends maturity of $2bn deposit at CBE to September 2023
Maturity of $658.5m UAE deposit at CBE also extended to August 2027
IFC partners with Egypt’s CIB in managing climate risk, boosting sustainability
In a Wednesday press statement, the IFC said that the advisory project…