Fintech serves as keystone element in banking, financial development in Egypt: CBE
Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…
Mobile wallets increase to 34 million, with monthly transactions of EGP 100bn in June 2023: CBE
85 million monthly transactions recorded in June, annual increase of 130%
New government initiative to support tourism is under consideration: CBE
The Central Bank of Egypt (CBE) said that a new initiative to…
Financial transactions through digital channels increase to about EGP 10trn: CBE
InstaPay users exceed 3.8 million, making about EGP 300bn worth transactions in…
CBE takes first steps towards launching digital banks in Egypt
CBE announces new digital bank capital requirements, regulations
Domestic liquidity in banking sector increases to EGP 8.14trn in May 2023: CBE
Total deposits in local currency in banks amounts to EGP 5.666trn
We will not hesitate to use all available monetary policy tools to achieve targeted inflation rates: CBE
Path of basic interest rates depends on expected inflation rates, not prevailing…
CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023
Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total…
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
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