Tag: CBE

CBE to decide fate of Egyptian pound interest on Thursday

Monetary Policy Committee held 8 meetings in 2022, during which interest rates…

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CBE to hold first monetary policy meeting in 2023 after year of ups, downs

CBE increases interest rates on EGP by 8% in 2022

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Most banks adjust their services to suit people with disabilities: CBE

Egypt's banking sector develops its infrastructure to provide financial services to people…

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Egyptian banking sector expected to maintain strength, financial resilience: CBE

Banks operating in Egypt are capable of facing crises, providing finance for…

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Credit facilities for 100 largest bank clients increase to EGP 603bn: CBE

Facilities are concentrated in 17 sectors, with 6 sectors accounting for 74.6%

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CBE studies using central bank digital currency

Central bank of Egypt forms work committees to examine CBDC usage  in…

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CBE spots illegal foreign exchange trading schemes

$55m was withdrawn from Egyptian credit and debit cards abroad in one…

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CBE extends two tourism support initiatives to March 2023

Initiative allows postponement of debt payment

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CBE offers one-year incentives to support e-payments

Under new incentives, Egyptian pound-backed transactions made online will be exempted from…

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CBE warns of misuse of bank cards, fraud to obtain foreign exchange without need for it

We monitored the use of some credit, debit cards in operations abroad,…

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