Tag: CBE

CBE reconstitutes five main committees affiliated with Board of Directors

They are monetary policy, management, audit, capital markets, banking development committees

Hossam Mounir

Local liquidity in Egyptian banking sector rises to EGP 8.787trn in November 2023: CBE

The Egyptian banking sector witnessed a surge in local liquidity, reaching EGP…

Hossam Mounir

CBE updates anti-money laundering, countering terrorist financing regulations

The Central Bank of Egypt (CBE) has issued new regulations to combat…

Hossam Mounir

CBE reports EGP 78bn in microfinance, receives honour from EFFMSMP

The Central Bank of Egypt (CBE) announced that its various initiatives have…

Hossam Mounir

CBE introduces new guidelines to fight money laundering, terrorism financing

The Central Bank of Egypt (CBE) has issued new guidelines to fight…

Hossam Mounir

CBE reports key financial soundness indicators for banks in Q3 2023

Non-performing loans in banks remain at 3.3% of their total loan portfolio…

Hossam Mounir

CBE keeps interest rates unchanged, monitors inflation, economic developments

We will not hesitate to use all available tools to achieve inflation…

Hossam Mounir

CBE reports EGP 14.742trn total financial position of banks in 3Q 2023

Capitals register EGP 323.776bn, reserves EGP 492.386bn, and allocations EGP 305.455bn

Hossam Mounir

CBE supports banking services, products for customers with disabilities

Number of branches equipped for customers with disabilities doubles during 2023 

Daily News Egypt

Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus

Market indicates that CBE’s meeting will come with no surprises as inflation…

Hossam Mounir