CBE expects inflation to peak in 2H 2023
Inflation expected to drop to targeted, previously announced rates, supported by restrictive…
Central Bank of Egypt to decide interest rate Thursday, ‘no change’ expected
Basic interest rates were increased by 2% on 30 March and total…
Domestic liquidity in banks increases to EGP 8.248trn in June 2023: CBE
EGP 311.5bn increase in non-governmental deposits in local currency with banks in…
Fintech serves as keystone element in banking, financial development in Egypt: CBE
Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…
Mobile wallets increase to 34 million, with monthly transactions of EGP 100bn in June 2023: CBE
85 million monthly transactions recorded in June, annual increase of 130%
New government initiative to support tourism is under consideration: CBE
The Central Bank of Egypt (CBE) said that a new initiative to…
Financial transactions through digital channels increase to about EGP 10trn: CBE
InstaPay users exceed 3.8 million, making about EGP 300bn worth transactions in…
CBE takes first steps towards launching digital banks in Egypt
CBE announces new digital bank capital requirements, regulations
Domestic liquidity in banking sector increases to EGP 8.14trn in May 2023: CBE
Total deposits in local currency in banks amounts to EGP 5.666trn
We will not hesitate to use all available monetary policy tools to achieve targeted inflation rates: CBE
Path of basic interest rates depends on expected inflation rates, not prevailing…