Tag: CBE

CBE leads efforts to promote fintech in local banking market: Sub-Governor

This year will witness many fintech projects, including instant payment network: Ayman…

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Non-government bank deposits in local currency record EGP 4.457trn in January 2022: CBE

Non-government deposits in foreign currencies reach EGP 659.901bn in January 2022

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Total financial position of banks in Egyptian market approaches EGP 9trn in November 2021: CBE

Bank deposits increase to EGP 6.306trn, credit facilities up to EGP 3.066trn,…

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FDI in Egypt registers $1.664bn in 1Q 2021/22: CBE

Total inflows rise to $3.704bn, compared to $3.497 during 1Q 2020/21

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Egypt’s CBE launches initiative to ensure import operations are carried out using documentary credits

The initiative targets customers who have a history of importing through collection…

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Keeping policy rates unchanged remains consistent with achieving the CBE’s next inflation target

Domestic economic activity is expected to record robust growth figures along the…

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CBE reveals reasons for high inflation in January 2022

Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…

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CBE to stop accepting documentary collection in import operations

Branches of foreign companies will be exempted from this decision

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CBE receives 33 offers worth $1.298bn to cover US dollar-denominated T-bill issuance

The CBE launched this tender on Monday at a value of $1.05bn…

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Financial sector contains repercussions of pandemic without prejudice to its main role: CBE

Sector, both banking and non-banking components, showed solidity during pandemic

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