Tag: Central Bank of Egypt

Portfolio investment flows to EMs to recover slowly in 2021: CBE

Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…

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Central Bank of Egypt extends measures to contain COVID-19 repercussions until June 2021

Extension reflects CBE’s keenness to protect national economy, preserve gains of reform

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Central Bank of Egypt targets average inflation rate at 7% (±2%) in Q4 of 2022

Central bank to continue using monetary policy tools to control inflation expectations,…

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Egypt’s central bank leaves interest rates on hold

Central Bank of Egypt new inflation target has been set at 7%…

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Egyptian banking sector achieves EGP 45.549bn net profits in September

Top 10 banks in the Egyptian banking sector account for 65.5% of…

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Central Bank of Egypt to hold 8 monetary policy meetings in 2021

CBE to discuss future interest rates of Egyptian pound next Thursday

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Central Bank of Egypt allocates EGP 1bn to deploy 300k POS nationwide

We aim to reach 1 million POS within three years: CBE Deputy…

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Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end

Tourism businesses welcome CBE decision, call for more flexibility in private sector…

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Central Bank of Egypt to offer $1bn worth T-bills on Monday

The proceeds of this bid will be used to pay the value…

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Agricultural Bank of Egypt targets 30-million customer base over 5 years

Financing programme for needy families, rural women, and craftsmen to be launched…

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