Tag: CBE

CBE pushes for sustainable financing in banking sector

100% of Egyptian banks measure carbon footprint of their internal activities: CBE

Hossam Mounir Hossam Mounir

HC Securities expects CBE to raise basic rates by 2% next Thursday

This move would counter high inflation, attract inflows benefiting from price differences

Daily News Egypt Daily News Egypt

CBE throws light on Egypt’s high inflation in November 2022

November’s high inflation was mainly caused by 27 October currency devaluation, continued…

Hossam Mounir Hossam Mounir

CBE reveals top indicators of financial safety for banks by end of 3Q 2022

EGP 93.4bn in net profits, top 10 accounted for 78.29%

Hossam Mounir Hossam Mounir

EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022

According to the financial statements of the CBE, the bank’s total assets…

Hossam Mounir Hossam Mounir

CBE, Egyptian government affirm bank confidentiality is not compromised

Provisions of Unified Tax Procedure Law relates to exchange of information with…

Hossam Mounir Hossam Mounir

Banks expand financial services to people with disabilities upon CBE directives

This aims to facilitate citizens’ access to banking services, products

Daily News Egypt Daily News Egypt

Volume of domestic liquidity in banking sector increased to EGP 7.182 trillion by end of October 2022: CBE

The volume of non-governmental deposits in local currency increased to EGP 5.254…

Hossam Mounir Hossam Mounir

Egypt’s PM, CBE Governor follow up on necessary FX reserves for importing basic commodities

The meeting comes within the framework of coordination between the government and…

Daily News Egypt Daily News Egypt

Egypt records 131% growth in financial inclusion rates from 2016 to June 2022: CBE

The total number of people with accounts that enable them to conduct…

Hossam Mounir Hossam Mounir