Egypt orders banks to set up consumer-centric divisions before March 2020
Egypt’s central bank has asked banks to complete launching of consumer protection department before the end of…
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Egypt’s central bank
Foreign deposits in Egypt banks rise to $12.42 bln April-end
Foreign deposits in Egypt rose to 741.759 billion Egyptian pounds ($12.42 billion) in April from 741.621 billion…
Egypt pays $406 mln debt to Afreximbank: central bank
Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
Egypt’s central bank denies introducing new 500, 1,000-pound banknotes
Egypt’s central bank denied on Sunday that it had printed new 500 and 1,000 Egyptian pound notes ($29.93-$59.86).
Egypt banks’ interbank trading volumes hit $10.7 mln since start of April – c.bank
Banks in Egypt have registered interbank trading volumes worth 184.1 million Egyptian pounds ($10.7 million) since…
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,…
Ernst & Young to submit studies for Egypt’s innovation fund before year-end
Egypt’s central bank says it will receive studies before the end of the month from Ernst & Young with the goal…
Egypt bank digital wallets rise to 12 million – official
The number of digital wallets issued by Egyptian banks rose to around 12 million, central bank sub governor said on…
Egypt’s central bank studies issuing digital currency – official
Egypt’s central bank is studying issuing a digital currency, its sub governor Ayman Hussein said at conference in…
Egypt to launch $55.7 mln innovation fund by 2019 – c.bank governor
Egypt’s central bank plans to launch a 1 billion Egyptian pound ($55.7 million) innovation support fund by 2019,…