Tag: CBE

CBE refutes reports of United Bank transaction 

The Central Bank of Egypt (CBE) affirmed that the information circulating regarding…

Hossam Mounir

CBE to offer T-bills worth €600m Monday

Proceeds to pay for previous tender of €626.9m 

Hossam Mounir

CBE replaces 6 million pension cards with Meeza cards

25 banks issue 30 million Meeza cards until September 2022

Hossam Mounir

CBE Governor receives delegation from Central Bank of South Sudan

CBE announces readiness to support banking capabilities of South Sudan

Shaimaa Raafat

CBE expects inflation to peak in 2H 2023

Inflation expected to drop to targeted, previously announced rates, supported by restrictive…

Hossam Mounir

Central Bank of Egypt to decide interest rate Thursday, ‘no change’ expected

Basic interest rates were increased by 2% on 30 March and total…

Hossam Mounir

Domestic liquidity in banks increases to EGP 8.248trn in June 2023: CBE

EGP 311.5bn increase in non-governmental deposits in local currency with banks in…

Hossam Mounir

Fintech serves as keystone element in banking, financial development in Egypt: CBE

Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…

Hossam Mounir

Mobile wallets increase to 34 million, with monthly transactions of EGP 100bn in June 2023: CBE

85 million monthly transactions recorded in June, annual increase of 130%

Hossam Mounir

New government initiative to support tourism is under consideration: CBE

The Central Bank of Egypt (CBE) said that a new initiative to…

Hossam Mounir