Tag: CBE

CBE announces financial soundness indicators of Egyptian banking system during H1 2021

Total financial position of banking operating in Egypt increases to EGP 7.948trn

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Central Bank of Egypt reveals performance indicators of banking system in FY 2020/21

Total financial position of banks operating locally reaches EGP 1.54trn

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Egypt sees 1 billion electronic banking transactions worth over EGP 2.8trn in FY 2020/21: CBE

CBE initiative for electronic payment has contributed to increasing POS terminals to…

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Egypt’s special drawing rights jump by $2.646bn in August: CBE

The Central Bank of Egypt (CBE) has revealed that the balance of special drawing…

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CBE approves EFG Hermes, Sovereign Fund’s acquisition of Arab Investment Bank for EGP 3.8bn

Acquisition to increase issued, paid-in capital of AIB to EGP 5bn

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CBE adopts rules regulating cash deposit, withdrawals interoperability through service providers

Rules aim to make best use of infrastructure of service providers, encourage…

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Foreign investments in Egypt’s T-bills up to EGP 349.9bn in May 2021: CBE

Net foreign assets increased by EGP 150.2bn from July 2020 to April…

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Financial positions of banks in Egypt rise by EGP 532bn in Q1 of 2021: CBE

Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions…

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Net profits of banks in Egypt reach EGP 29.99bn in Q1 2021: CBE

Top 10 banks account for 87.84% of total profits recorded during Q1

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Egypt’s interest rates expected to remain unchanged for 5th consecutive CBE meeting

Urban inflation may rise gradually from 4.1% on an annual basis in…

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