Non-governmental deposits in local currency rose to EGP 4.469trn in 2021: CBE
The CBE’s monthly data revealed that deposits in “on demand” local currency…
Standard Chartered to open 1st branch in Cairo next September: CBE
British bank will open another branch in Alexandria next year
CBE sponsors 3-year programme to raise efficiency of microfinance associations
Programme will be implemented by EFFMSMP in cooperation with IFC
Foreign investors pump $970m into Egyptian market in 2 weeks: CBE
Investments include long-term bonds, treasury bills
Average annual headline urban inflation recorded 5.2% during 2021: CBE
During the first four months of 2021, annual inflation recorded muted rates…
Egyptian banking sector handles pandemic’s repercussions efficiently: CBE
Banks adopt special measures that result in growth of their credit, investment…
CBE launches integrated information security centre to predict cyberattacks
Bank keen to strengthen cybersecurity system, ensure their compliance with global standards:…
CBE approves launch of e-portal for smartphone wallet management
There are over 25 million e-wallets now in Egypt, with 27% growth…
CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency
The Central Bank of Egypt (CBE) received 33 bids from local and…
CBE’s assets increase to EGP 2.412trn in November 2021
According to the CBE’s financial position report for November, the bank’s balances…