Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE
Net foreign assets increase by EGP 152.5bn over 7 months
Egypt’s external debt increases to $129.2bn in 2020: CBE
Short-term debt decreases to 9.2% of total external debt in 2020
Egypt sees remittances rise by $1.7bn between July 2020 – January 2021: CBE
Increase sees remittances increase to about $18.1bn in January 2021
Egypt provides electronic channels for pension disbursement
Move supports state's direction to transform into cashless society, increase use of…
Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…
CBE, Supply Ministry sign finance agreement to develop bakeries through banks
Agreement comes as part of Presidential directives to maximise use of Egypt’s…
CBE to provide ABE additional EGP 1bn to finance livestock project
Approval from CBE raises lending portfolio for this project to EGP 3bn,…
CBE celebrates winners of ‘FinYology – FinTech for Youth’ Initiative
Initiative organised by FinTech Egypt encourages young talents to participate in creating…
Central Bank of Egypt directs for simplified bank account opening procedures
Facilities will be provided for small companies to open accounts
Banks in Egypt see EGP 2.448trn credit facilities in November 2020: CBE
Total bank deposits rose to EGP 5.126trn in November 2020, compared to…