CBE confirms strength of banking sector as non-performing loans decline
The Central Bank of Egypt (CBE) affirmed the strength and resilience of the banking sector, noting that the assets…
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Central Bank of Egypt (CBE)
Central Bank of Egypt expected to maintain base interest rates next Thursday
Major financial institutions in Egypt including Beltone financial as well as some banking experts believe that The…
Customer loans increase to EGP 2.38trn at end of October 2020
Loans provided by banks in Egypt, excluding the Central Bank of Egypt (CBE), increased by 1.09 percent recording…
National Bank of Egypt exempts MSMEs from e-commerce payments fees till June-end
The National Bank of Egypt, the country’s biggest state-run lender, announced on Thursday that it is exempting…
CBE-hosted FinTech Innovation sprint launched to address COVID-19 challenges
The Central Bank of Egypt (CBE) has collaborated with the Financial Regulatory Authority (FRA) to launch an…
Egypt’s CBE amends tourism support initiative
The Central Bank of Egypt (CBE) amended some provisions of its tourism support initiative guaranteed by the…
Egypt’s central bank launches initiative to cancel fees on activating e-collection…
The Central Bank of Egypt (CBE) launched an initiative to cancel all fees that private sector’s MSMEs bear to…
Egypt’s central bank keeps interest rates on hold in 1st meeting during 2021
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit…
CBE offers EGP 16bn T-bills on Sunday
The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth 16 billion Egyptian pounds on Sunday on…
Egypt’s annual core inflation drops to 3.8% in December 2020 – CBE
Egypt’s annual core inflation rate retreated to 3.8 percent in December 2020, compared to 4 percent a month…