CBE approves instant payment network regulations, to be launched in current quarter
Regulations aim to allow payments sent between accounts at different banks to…
CBE expected to keep interest rates on hold for eighth time in a row
The MPC periodic meeting comes amid strong market expectations that it will…
Financial position of banks in Egypt rises to EGP 8trn in end July: CBE
Deposits amount to EGP 5.837trn, credit facilities record EGP 2.855trn
Central Bank of Egypt reveals reasons behind high inflation in September
This comes as monthly headline urban inflation recorded 1.1% in September compared…
CBE announces financial soundness indicators of Egyptian banking system during H1 2021
Total financial position of banking operating in Egypt increases to EGP 7.948trn
Central Bank of Egypt reveals performance indicators of banking system in FY 2020/21
Total financial position of banks operating locally reaches EGP 1.54trn
Egypt sees 1 billion electronic banking transactions worth over EGP 2.8trn in FY 2020/21: CBE
CBE initiative for electronic payment has contributed to increasing POS terminals to…
Egypt’s special drawing rights jump by $2.646bn in August: CBE
The Central Bank of Egypt (CBE) has revealed that the balance of special drawing…
CBE approves EFG Hermes, Sovereign Fund’s acquisition of Arab Investment Bank for EGP 3.8bn
Acquisition to increase issued, paid-in capital of AIB to EGP 5bn
CBE adopts rules regulating cash deposit, withdrawals interoperability through service providers
Rules aim to make best use of infrastructure of service providers, encourage…