Local liquidity in Egypt’s banking sector increases by EGP 2.46trn in 11M 2024
Egypt’s banking sector saw a significant increase in local liquidity, rising to…
Suez Canal Bank increases issued capital to EGP 6.5bn
Suez Canal Bank has announced an increase in its issued capital from…
Financial position of banks in Egypt surpasses EGP 21.187trn in September 2024: CBE
The Central Bank of Egypt (CBE) has announced that the total financial…
Egypt receives first €1bn EU funding instalment
Egypt has received the first instalment of a €1bn funding package from…
CBE extends fee exemption for digital transfers via IPN, InstaPay for 3 months
In line with Egypt's Vision 2030 to foster digital transformation, the Central…
CBE to offer $800m T-bill auction to settle previous issuance
The Central Bank of Egypt (CBE) will hold a Treasury bill (T-Bill)…
CBE increases transaction limits for financial inclusion accounts
The Central Bank of Egypt (CBE) has announced an increase in the…
CBE mandates simplified forms for banking expenses, commissions in customer contracts
The Central Bank of Egypt (CBE) has issued a directive mandating banks…
CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)
The Central Bank of Egypt (CBE) has decided to extend its inflation…
CBE expected to keep interest rates unchanged for sixth consecutive meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…