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…
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…
CBE reveals reasons for high inflation in January 2022
Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…
CBE to stop accepting documentary collection in import operations
Branches of foreign companies will be exempted from this decision
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…
Financial sector contains repercussions of pandemic without prejudice to its main role: CBE
Sector, both banking and non-banking components, showed solidity during pandemic
Net international reserves increased to EGP 40.980bn in January 2022: CBE
The balance of special drawing rights decreased by $2.642bn in January as…
CBE to auction treasury bills worth $1.05bn
proceeds of T-bill issuance will be directed to pay off previous bid…
Corporate Social Responsibility programmes in Banking sector reached EGP 4.608bn in 2021: CBE Governor’s Advisor
CSR contributes to the value creation of banking sectors and increase advancement…
Central Bank of Egypt to review base rates on Thursday
Strong expectations that CBE will keep base rates unchanged