Tag: CBE

CBE sponsors 3-year programme to raise efficiency of microfinance associations

Programme will be implemented by EFFMSMP in cooperation with IFC

Daily News Egypt

Foreign investors pump $970m into Egyptian market in 2 weeks: CBE

Investments include long-term bonds, treasury bills

Daily News Egypt

Average annual headline urban inflation recorded 5.2% during 2021: CBE

During the first four months of 2021, annual inflation recorded muted rates…

Hossam Mounir

Egyptian banking sector handles pandemic’s repercussions efficiently: CBE

Banks adopt special measures that result in growth of their credit, investment…

Hossam Mounir

CBE launches integrated information security centre to predict cyberattacks

Bank keen to strengthen cybersecurity system, ensure their compliance with global standards:…

Hossam Mounir

CBE approves launch of e-portal for smartphone wallet management

There are over 25 million e-wallets now in Egypt, with 27% growth…

Hossam Mounir

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…

Hossam Mounir

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…

Hossam Mounir

Net foreign assets of banking system increase EGP 23.923bn in September 2021: CBE

Household sector accounts for 83% of total bank deposits, while private business…

Hossam Mounir

CBE extends emergency decisions to deal with COVID-19 repercussions to June 2022

CBE decides to extend initiative to support tourism sector for additional year…

Hossam Mounir