Central Bank of Egypt (CBE)

Egypt’s local liquidity continued its upward trend, advancing by EGP 103 billion or 1.9% month-on-month (MoM) to EGP 5.36 trillion in June, hitting its highest level ever recorded, compared to EGP…
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The Central Bank of Egypt last week approved new interoperability rules designed to make it easier for the public to deposit and withdraw money with any payment card or mobile wallet, regardless of…
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The Central Bank of Egypt (CBE) has directed all banks operating in the local market to take the necessary measures to implement sustainable financing principles.The Central Bank of Egypt (CBE) has…
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Egypt’s external debt rose 21.15 percent year-on-year to $134.8 billion at the end of March from $123.5 billion in the same period last year, a central bank data showed on Sunday.
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The value of remittances of Egyptians living abroad increased by 34% year-on-year (YoY) to $2.5 billion in April, compared to $1.8 billion, according to data by the Central Bank of Egypt (CBE) on…
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The Central Bank of Egypt (CBE) revealed an increase in the volume of local currency deposits in banks operating in Egypt by about EGP 53.774bn, to reach about EGP 3.932trn during May 2021, compared…
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Egypt's balance of payments (BoP) registered a surplus of $1.8 billion during the first nine months of the fiscal year (FY) 2020/2021, according to a recent report by the Central Bank of Egypt.
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The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25…
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The Central Bank of Egypt (CBE) signed a memorandum of understanding (MoU) with the Central Bank of the United Arab Emirates (CBUAE) to strengthen cooperation in banking supervision.
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The Egyptian Banking Institute (EBI), the training arm of the Central Bank of Egypt (CBE), has signed a cooperation agreement with the leading assessment services company, Mercer Mettl.
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