Tag: CBE

CBE reveals reasons for high inflation in January 2022

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

Hossam Mounir

CBE to stop accepting documentary collection in import operations

Branches of foreign companies will be exempted from this decision

Hossam Mounir

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…

Hossam Mounir

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

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

Hossam Mounir

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…

Hossam Mounir

CBE to auction treasury bills worth $1.05bn

proceeds of T-bill issuance will be directed to pay off previous bid…

Hossam Mounir

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…

Daily News Egypt

Central Bank of Egypt to review base rates on Thursday

Strong expectations that CBE will keep base rates unchanged

Hossam Mounir

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…

Hossam Mounir

Standard Chartered to open 1st branch in Cairo next September: CBE

British bank will open another branch in Alexandria next year

Daily News Egypt