The Central Bank of Egypt (CBE) will issue new polymer banknotes by mid-year at the new printing house in the New Administrative Capital (NAC), east of Cairo, the CBE announced Read More...
Remittances from Egyptians working abroad surged 10.5 percent year-on-year to around $29.6 billion in 2020, the central bank announced on Monday. Read More...
Central Bank of Egypt (CBE) has launched a new mortgage finance initiative on President Abdel Fattah al-Sisi directives to help low and middle citizens. Read More...
The Central Bank of Egypt (CBE) has announced that the country’s foreign debt increased to about $125.3bn in September 2020. The figure reflects a 1.5% hike, equivalent to about $1.8bn, compared to… Read More...
Loans provided by banks in Egypt, excluding the Central Bank of Egypt (CBE), increased by 1.09 percent recording 2.38 trillion Egyptian pounds at the end of October 2020, compared to 2.36 trillion… Read More...
The Central Bank of Egypt’s (CBE) board of directors approved the rules regulating the multicurrency real-time gross settlement (RTGS) system. Read More...
Egypt’s net foreign reserves inched up by $100 million to $40.200 billion at the end of February from $40.100 billion in January, the central bank said in a statement on Sunday. Read More...
The Central Bank of Egypt (CBE) has revealed that the percentage of non-performing loans (NPLs) at banks working in the Egyptian market recorded 3.4% in September 2020. Read More...
The Central Bank of Egypt (CBE) has collaborated with the Financial Regulatory Authority (FRA) to launch an innovation sprint to address the challenges caused by the novel coronavirus (COVID-19)… Read More...