CIB first private bank to raise dollar-saving certificate rates following suit of state-run banks
Interest on dollar-saving certificates of three years term increased to 5.25% monthly
28.7% decrease in Egypt’s trade deficit in July 2022: CAPMAS
Egypt’s exports increased by 2.2% as it reached $3.13bn during July 2022,…
Egypt’s external debt declined to $155.708bn by end of June: CBE
$129.089bn of the remaining debt is long-term debt and $26.619bn is short-term
Egypt’s annual urban headline inflation rises to 15% in Spetember
This is its highest level since November 2018
CBE launches Financial Inclusion Strategy 2022-2025
The Financial Inclusion Strategy was developed on a scientific foundation, based on…
Banks in Egypt set withdrawal limits on using ATM cards abroad to ease pressure on FX reserves
Steps comes after spotting manipulation practices
CBE assets reach EGP 2.986trn in June 2022
Bank’s contributions to capital of international financial institutions record EGP 15.711bn in…
Banks looking to raise interest rates on USD certificates by Sunday
Recently, the NBE announced that it would adjust the interest rates on…
Outstanding balance of domestic T-bills, bonds reaches EGP 4.145trn in August 2022: Finance Ministry
Outstanding balance of T-Bills in August amounted to about EGP 1.618trn