Money Egypt’s central bank raises interest rates by 100 bps to tame inflation Yomna Yasser Aug 3, 2023 0 Egypt’s central bank raised its key interest rates by 100 basis points (bps) on Thursday in an attempt to control…
Banks CBE reports foreign deposits rise to EGP 1.516tn in H1 of 2023 Nada Ali Aug 1, 2023 0 The Central Bank of Egypt (CBE) reported on Monday the total foreign currency deposits at Egyptian banks jumped to…
Money Egypt’s current account deficit at $5.3bln in July-March 2022/23 – CBE Sama Mousa Jul 26, 2023 0 Egypt's current account deficit shrunk to $5.3 billion in July-March of the fiscal year 2022/23 compared to $13.6…
Money Bank credit facilities increase 9 months – CBE Sama Mousa Jul 18, 2023 0 The Central Bank of Egypt (CBE) revealed on Monday that bank credit facilities increased to about 4.482 trillion…
Money Egypt’s central bank to join Afreximbank’s PAPSS platform soon: Orama Fatma Ibrahim Jul 6, 2023 0 Egypt’s central bank will soon join the African Export-Import Bank’s (Afreximbank) Pan-African Payment and…
Banks AfDB plays key role in fostering economic development in continent – CBE governor Nada Ali May 22, 2023 0 Hassan Abdalla, Governor of the Central Bank of Egypt (CBE) and Chairman of the Board of Governors of the African…
Money Egypt’s central bank receives ISO certification in business continuity management Yomna Yasser May 20, 2023 0 Egypt’s central bank has announced on Saturday that it had successfully received the ISO 22301:2019 certification…
Money Egypt’s c.bank: Reserve money surges to EGP 1.502 trillion at April-end Amwal Al Ghad English May 15, 2023 0 Egypt’s central bank reported on Monday a growth in the country’s reserve money (M0) to 1.559 trillion Egyptian…
Banks InstaPay transactions record EGP 112.7bln over one year – CBE Nada Ali Mar 27, 2023 0 The Central Bank of Egypt (CBE) has revealed on Sunday that it conducted 20.3 million transactions worth 112.7…
Money Egypt c.bank: Kuwait extends maturity of $2 bln deposit to Sep 2023 Amwal Al Ghad English Mar 26, 2023 0 Kuwait has decided to extend the maturity of $2 billion worth of deposits it made with Egypt’s central bank (CBE)…