Egypt provides electronic channels for pension disbursement
Move supports state's direction to transform into cashless society, increase use of…
Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…
CBE, Supply Ministry sign finance agreement to develop bakeries through banks
Agreement comes as part of Presidential directives to maximise use of Egypt’s…
CBE to provide ABE additional EGP 1bn to finance livestock project
Approval from CBE raises lending portfolio for this project to EGP 3bn,…
CBE celebrates winners of ‘FinYology – FinTech for Youth’ Initiative
Initiative organised by FinTech Egypt encourages young talents to participate in creating…
Central Bank of Egypt directs for simplified bank account opening procedures
Facilities will be provided for small companies to open accounts
Banks in Egypt see EGP 2.448trn credit facilities in November 2020: CBE
Total bank deposits rose to EGP 5.126trn in November 2020, compared to…
EGP 1.166trn increase in financial position of banks in Egypt during 2020: CBE
Banks report EGP 325.761bn reserves, EGP 162.274bn provisions to nonperforming loans
CBE to announce details of new presidential mortgage finance initiative soon
Proposed mortgage finance initiative to boost real estate sales
CBE allocates EGP 1.2bn to finance unpaid natural gas bills of ceramic companies
Allocation comes as part of industrial private sector initiative