Tag: CBE

Domestic liquidity in Egyptian banking sector nears EGP 9bn in January 2024: CBE

Deposits in local currency rise by EGP 120bn to EGP 6.367trn

Hossam Mounir Hossam Mounir

CBE’s interest rate hike sparks reactions from banks

Limited movement in interest rates after first two days of liberalisation

Hossam Mounir Hossam Mounir

CBE decisions strike blow to black market, say banking experts

Experts praise move as crucial, positive step to eliminate speculation

Hossam Mounir Hossam Mounir

CBE advances economic empowerment of women

‘Women Financial Inclusion’ event set to commence on 8 March for three…

Shaimaa Raafat Shaimaa Raafat

Egypt hikes interest rates 6%, targets exchange rate unification

The Central Bank of Egypt (CBE) raised key interest rates by 6%…

Daily News Egypt Daily News Egypt

Banking sector contributes EGP 2bn to CSR projects in 2023: CBE

The Central Bank of Egypt (CBE) announced that the banking sector allocated…

Daily News Egypt Daily News Egypt

CBE sets new rules for funding financial leasing companies

Banks must limit their credit facilities, investments in securitisation portfolios of companies…

Hossam Mounir Hossam Mounir

CBE cooperates with government to provide dollars needed to import components for goods: Governor

Prime Minister Mostafa Madbouly chaired a meeting Sunday to follow up on…

Daily News Egypt Daily News Egypt

Banks operating in Egypt expand financial muscle as total position hits EGP 15.165trn in October 2023: CBE

Credit facilities increase to EGP 5.179trn, with the private sector accounting for…

Hossam Mounir Hossam Mounir