Tag: CBE

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

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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

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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…

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CBE cooperates with international institutions to digitize supply chains: Assistant sub-governor

We cooperate with five banks to promote sustainability within agricultural sector: Rasha…

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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…

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CBE encourages banks to finance sustainable, environmentally friendly projects

Several initiatives were launched to facilitate financial services to such projects

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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

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Financial position of banks jumps to EGP 12.409trn in January 2023: CBE

Bank deposits increase to EGP 9.021trn, of which 77.8% belong to household…

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CBE’s EG-FinCIRT acquires accreditation, membership of FIRST

The Computing Incident Response Team for the Financial Sector (EG-FinCIRT) of the…

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CBE to discuss fate of EGP interest rate amid strong expectations of ‘no changes’

The Monetary Policy Committee of the Central Bank of Egypt will hold…

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