Central Bank of Egypt (CBE)

the Central Bank of Egypt (CB) launched several initiatives and measures to support financial inclusion and the economic empowerment of women in all sectors since 2016
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In its special meeting today, the Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, the overnight lending rate and the rate of the main operation by 100 basis points to 9.25…
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The Central Bank of Egypt (CBE) announced last week the most prominent financial safety indicators for banks operating in the Egyptian market in 2021.
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The financial inclusion rates in Egypt have increased by more than 110 percent over the past five years, rising from 27 percent in the end of 2016 to 56.2 percent by the end of 2021, according to…
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Egypt’s external debt registered $137.4bn in September 2021, down by about $439.5m, compared to end-June 2021, according to the Central Bank of Egypt.
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The Central Bank of Egypt (CBE) decided to extend the exclusion period for rice, lentils, and beans from their 100% cash cover for another year, ending 15 March 2023.
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Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm said that the bank is well aware of the importance of small and medium enterprises (SMEs) in achieving the country’s desired economic…
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Egypt’s banks processed 1 bn electronic transactions in 2021 worth a total of EGP 2.8 tn, said the Central Bank of Egypt’s Sub-Governor for Payment Systems and Business Technology Ayman Hussein,…
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The central bank issued updates to its response to importers’ inquiries on its rules requiring them to get letters of credit (L/Cs) for their purchases.
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Egypt’s net foreign reserves increased to around $40.993 billion at the end of February from $40.980 billion at the end of January, a central bank data showed on Thursday.
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