Tag: CBE

CBE replaces 6 million pension cards with Meeza cards

25 banks issue 30 million Meeza cards until September 2022

Hossam Mounir Hossam Mounir

CBE Governor receives delegation from Central Bank of South Sudan

CBE announces readiness to support banking capabilities of South Sudan

Shaimaa Raafat Shaimaa Raafat

CBE expects inflation to peak in 2H 2023

Inflation expected to drop to targeted, previously announced rates, supported by restrictive…

Hossam Mounir Hossam Mounir

Central Bank of Egypt to decide interest rate Thursday, ‘no change’ expected

Basic interest rates were increased by 2% on 30 March and total…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

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%

Hossam Mounir Hossam Mounir

New government initiative to support tourism is under consideration: CBE

The Central Bank of Egypt (CBE) said that a new initiative to…

Hossam Mounir Hossam Mounir

Financial transactions through digital channels increase to about EGP 10trn: CBE

InstaPay users exceed 3.8 million, making about EGP 300bn worth transactions in…

Hossam Mounir Hossam Mounir

CBE takes first steps towards launching digital banks in Egypt

CBE announces new digital bank capital requirements, regulations

Hossam Mounir Hossam Mounir