Tag: The Central Bank of Egypt

Parliament approves Agriculture Bank Law, moving the bank under CBE’s authority

The Egyptian parliament approved a law that would oversee the transfer of…

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CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…

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CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched Tuesday its regular weekly auction…

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State treasury receives EGP 24.92bn from CBE’s total profits in FY 2015/2016 ending in June

According to the CBE’s financial statements approved on 20 September, the bank's…

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CBE vows to ‘punish’ banks lagging behind in SME support

The Central Bank of Egypt (CBE) vowed to punish banks that lagged…

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Would drop in reserves delay floating of EGP despite IMF report?

The timing of this move is in the hands of the CBE…

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CBE stabilises US dollar exchange rate causing confusion in market

The higher inflation rate caused the CBE to postpone another devaluation of…

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Banks begin monitoring debit card transactions abroad

Misused debit cards will be suspended immediately, says the head of one…

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CBE launches new website

The new website is the first electronic index for supervisory instructions, says…

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