Tag: CBE

Egyptian market awaits CBE’s decision on interest rates after latest move by US Federal Reserve

MPC to hold its regular meeting on 18 August to discuss future…

Hossam Mounir Hossam Mounir

Bank of England, CBE team up to fight climate crisis

As part of a technical cooperation scheme funded by the British government,…

Hossam Mounir Hossam Mounir

CBE explains reasons behind decline in inflation in June

Annual headline urban inflation decelerated for the first time after increasing for…

Hossam Mounir Hossam Mounir

CBE gives greenlight to Telda prepaid card

Telda is a financial brand that is built for Millennials and Gen…

Daily News Egypt Daily News Egypt

CBE introduces first 10-pound plastic banknote, paper version still valid

Citizens can get new plastic banknote through over 4,500 branches of Egyptian…

Hossam Mounir Hossam Mounir

CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022

Customer deposits rise to EGP 6.980 trillion by end of March, of…

Hossam Mounir Hossam Mounir

CBE extends exemption of some banking services from commissions until end of 2022

Exemption from commissions and fees for transfers between mobile accounts and transfers…

Hossam Mounir Hossam Mounir

Current interest rates depend on expected inflation rates, not prevailing ones: CBE

Achieving low, stable inflation rates in medium term prerequisite for supporting purchasing…

Hossam Mounir Hossam Mounir

CBE to decide key interest rates Thursday amid rising inflation

Some expect rates to remain unchanged following recent rise, while others expect…

Hossam Mounir Hossam Mounir