Egypt’s central bank leaves interest rates on hold
Central Bank of Egypt new inflation target has been set at 7%…
Egyptian banking sector achieves EGP 45.549bn net profits in September
Top 10 banks in the Egyptian banking sector account for 65.5% of…
Central Bank of Egypt to hold 8 monetary policy meetings in 2021
CBE to discuss future interest rates of Egyptian pound next Thursday
Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE
Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP…
Strong FX reserves, structural reforms support Egypt against external shocks: CBE
Aboul Naga’s comments came during the opening session of the Payment, FinTech,…
Local, international financial institutions offer to invest $1.755bn in CBE’s T-bills
The CBE floated the $1.56bn worth T-bill tender for a year, due…
Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…
CBE expects inflation to average under 6% in Q4 2020
Interest rate cut currently provides adequate support for economic activity, consistent with…
CBE to discuss fate of interest rate on Thursday
MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…