New banking bill likely to be referred to Egypt’s parliament before May-end
A new bill on Egypt's banking sector is expected to be referred to the House of Representatives before the end of…
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CBE
CBE imposes sanctions on 28 exchange companies during 2018
The Central Bank of Egypt (CBE) imposed punishments on 28 foreign exchange companies for violating rules during…
Foreign investments in Egyptian treasuries reach EGP233.8bln in Jan.
Net foreign investments in government debt instruments jumped 21.6 percent in January, recording 233.8 billion…
Banks offer loans of EGP1.802 tn to customers in December: CBE
Total loans provided to bank customers, excluding the Central Bank of Egypt, increased by EGP 44 billion in…
Egypt’s central bank studying new foreign banking licences
Egypt is studying opening a new round of foreign bank licencing in the coming period, a senior central bank source,…
Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank
Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Egypt to auction $1.675 bln in dollar T-bills: central bank
Egypt is planning to auction $1.675 billion worth of one-year dollar-denominated treasury bills on November 19, the…
Egypt banking sector assets rise 1.2% in July – c.bank
The value of assets held by Egypt’s banking sector rose 1.2 percent to 5.140 trillion Egyptian pounds ($286.36…
Egypt’s core inflation rises slightly to 8.83% y-o-y in August – central bank
Egypt’s core inflation slightly rose to 8.83 percent year-on-year in August from 8.54 percent in July, the central…
Egypt names AAIB’s Hassan Abdalla as central bank senior aide governor: sources
Hassan Abdalla, chief executive of the Arab African International Bank (AAIB) has been appointed as the senior…