Tag: CBE

CBE to discuss interest rates, local currency exchange on Thursday

US dollar reaches all-time high against Egyptian pound, Fed raises rates by…

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CBE issues new decisions, controls to regulate import operations, cash deposits in foreign currencies

CBE issues new decisions, controls to regulate import operations, cash deposits in…

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Banks operating in Egypt report EGP 56.8bn in profits during 1H 2022: CBE

Total financial position of banks in Egypt increased to about EGP 10.037trn

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Varied expectations about fate of interest rate in CBE’s next Thursday meeting

Prices were fixed on 18 August 2022 at 11.25% for deposit, 12.25%…

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CBE renews its warning against dealing with encrypted virtual currencies

It stressed that it lacks any material cover to ensure the stability…

Hossam Mounir Hossam Mounir

CBE, AfDB sign MoU to host its annual meetings in Sharm El-Sheikh in 2023

The agreement was signed on behalf of Egypt by Hassan Abdalla —…

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Total financial position of banks operating in Egypt breaks EGP 10trn barrier in June 2022: CBE

Total capital reaches EGP 234.690bn, reserves stand at EGP 428.927bn, and allocations…

Hossam Mounir Hossam Mounir

Non-governmental deposits in local currency exceed EGP 5 trillion by end of July 2022: CBE

Domestic liquidity in the banking sector increased to EGP 6.708 trillion

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Egypt’s PM, CBE Acting Governor discuss exemptions to Documentary Credits System

First off, they discussed the most important indicators of monetary policy and…

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