HC Securities expects CBE to raise basic rates by 2% next Thursday
This move would counter high inflation, attract inflows benefiting from price differences
CBE throws light on Egypt’s high inflation in November 2022
November’s high inflation was mainly caused by 27 October currency devaluation, continued…
CBE reveals top indicators of financial safety for banks by end of 3Q 2022
EGP 93.4bn in net profits, top 10 accounted for 78.29%
EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022
According to the financial statements of the CBE, the bank’s total assets…
CBE, Egyptian government affirm bank confidentiality is not compromised
Provisions of Unified Tax Procedure Law relates to exchange of information with…
Banks expand financial services to people with disabilities upon CBE directives
This aims to facilitate citizens’ access to banking services, products
Volume of domestic liquidity in banking sector increased to EGP 7.182 trillion by end of October 2022: CBE
The volume of non-governmental deposits in local currency increased to EGP 5.254…
Egypt’s PM, CBE Governor follow up on necessary FX reserves for importing basic commodities
The meeting comes within the framework of coordination between the government and…
Egypt records 131% growth in financial inclusion rates from 2016 to June 2022: CBE
The total number of people with accounts that enable them to conduct…
CBE hosts 26th meeting of COMESA Central Bank Governors Committee
Central banks could rescue economies from recession, ensure sustainable growth: CBE Governor