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…
CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023
Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total…
CBE strongly expected to keep basic interest rates unchanged on Thursday
Basic interest rates currently stand at 18.25% for deposit, 19.25% for lending
Total financial position of banks in Egyptian market increases to EGP 12.780trn in February 2023: CBE
EGP 317.053bn capital, EGP 455.895bn reserves, and EGP 285.496bn appropriations
CBE receives 21 offers worth $644.1m to cover dollar-denominated T-bill issuance
18 bids worth $554.1m were accepted, with interest ranging between 5.147% and…
CBE cooperates with international institutions to digitize supply chains: Assistant sub-governor
We cooperate with five banks to promote sustainability within agricultural sector: Rasha…
Egypt has integrated, full-disclosure programme to attract private sector investment: CBE governor
We seek to rely on private sector investment rather than borrowing, says…
CBE encourages banks to finance sustainable, environmentally friendly projects
Several initiatives were launched to facilitate financial services to such projects
CBE assesses impact of previous interest rate hikes, reserve requirement ratio rise on inflation
MPC decided last week to maintain basic interest rates at CBE unchanged