Tag: CBE

Egypt receives $23.6bn in remittances within 9 months: CBE

Remittances record $3.3bn in only March 2022

Daily News Egypt Daily News Egypt

CBE replaces state employees’ payroll slips with Meeza cards

The project helps expand the use of digital banking services and supports…

Hossam Mounir Hossam Mounir

CBE to issue bid for local treasury bills denominated in USD, worth $1bn

The proceeds of this bid will be directed to pay the maturity…

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CBE releases core set of financial inclusion indicators

36.8m citizens own transactional accounts, including 16m women

Hossam Mounir Hossam Mounir

Time deposits and proceeds of savings certificates hit EGP 3.869 trillion: CBE

Meanwhile, total local currency non-governmental deposits in banks operating in the Egyptian…

Hossam Mounir Hossam Mounir

CBE announces key performance indicators of banks operating in Egypt during 2021

Bank deposits increase to EGP 6.45trn, of which household sector accounts for…

Hossam Mounir Hossam Mounir

CBE launches several initiatives for women’s financial inclusion, empowerment since 2016

It also provided women with the necessary funding to help them implement…

Hossam Mounir Hossam Mounir

CBE launches Instant Payment Network, its mobile app ‘InstaPay’

The new network will allow bank customers to carry out electronic transfers…

Daily News Egypt Daily News Egypt

CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly

The CBE believes in the importance of exchange rate resilience to absorb…

Hossam Mounir Hossam Mounir