Tag: CBE

Saudi Arabia, UAE to renew $10bn deposits with CBE

Saudi Arabia and the United Arab Emirates (UAE) plan to renew their…

Fatma Salah

Egypt’s external debt rises to $165.3bn in March 2023: CBE

Long-term debt accounted for $136.4bn, whereas short-term debt accounted for $28.9bn

Hossam Mounir

CBE signs $1.36bn currency swap agreement with Emirati counterpart

The Central Bank of Egypt (CBE) and the Central Bank of the…

Daily News Egypt

CBE reports on deposits, employment in banks in April 2023

Household sector accounts for 76.2% of total deposits 

Daily News Egypt

CBE completes third phase of money market development project

The Central Bank of Egypt (CBE) announced on Monday that it has…

Daily News Egypt

Banks’ financial position grows to EGP 13.798trn in 1H 2023, CBE reports

Bank capital reaches EGP 323.776bn, reserves EGP 492.386bn, provisions EGP 305.455bn

Hossam Mounir

CBE to decide on interest rate on Thursday amid high inflation

CBE expected to keep EGP interest rate unchanged after previous 1% rise…

Hossam Mounir

CBE eases banking access for illiterate, elderly customers

Facilities include accepting fingerprints as alternatives to signature

Hossam Mounir

CBE opens door for establishment of green banks in Egypt

The Central Bank of Egypt (CBE) has announced that it will allow…

Hossam Mounir

CBE reports 12.7% rise in domestic liquidity in seven months

Non-governmental deposits in local currency reach EGP 5.791trn

Daily News Egypt