Tag: CBE

CBE explains reasons behind decline in inflation in June

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

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CBE gives greenlight to Telda prepaid card

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

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

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

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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…

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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…

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

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

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CBE to decide key interest rates Thursday amid rising inflation

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

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World has not seen such halt in economic activity since 2008 financial crisis: Deputy CBE Governor

Decision-makers are often faced with the duty of prompt and effective policy…

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CBE receives 23 offers worth $565.1m to cover dollar-denominated T-bill issuance

Proceeds of issuance to pay off previous bid that was put forward…

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Egypt’s net international reserves cover five-month commodity imports: CBE

Net international reserves reaches $35.495bn in May 2022

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