Tag: CBE

CBE raises interest rates to curb inflation amid financial control measures

The Central Bank of Egypt (CBE) anticipates persistent inflationary pressures in the…

Hossam Mounir Hossam Mounir

Banks to review interest rates on savings, loans after CBE’s 2% rate hike

The Assets and Liabilities Committees (ALCO), which are in charge of setting…

Hossam Mounir Hossam Mounir

CBE to launch $1bn tender for local treasury bills in US currency

The Central Bank of Egypt (CBE) will launch a tender for local…

Hossam Mounir Hossam Mounir

Egypt’s central bank raises interest rates by 2% to tame inflation 

Egypt's central bank hiked key interest rates by 2% on Thursday, aiming…

Daily News Egypt Daily News Egypt

CBE to discuss EGP interest rate fate for first time in 2024

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir Hossam Mounir

CBE, FRA prepare draft law for alternative financing, fintech activities

Setting technical configurations for digital lending project based on behavioural assessment for…

Daily News Egypt Daily News Egypt

CBE reconstitutes five main committees affiliated with Board of Directors

They are monetary policy, management, audit, capital markets, banking development committees

Hossam Mounir Hossam Mounir

Local liquidity in Egyptian banking sector rises to EGP 8.787trn in November 2023: CBE

The Egyptian banking sector witnessed a surge in local liquidity, reaching EGP…

Hossam Mounir Hossam Mounir

CBE updates anti-money laundering, countering terrorist financing regulations

The Central Bank of Egypt (CBE) has issued new regulations to combat…

Hossam Mounir Hossam Mounir

CBE reports EGP 78bn in microfinance, receives honour from EFFMSMP

The Central Bank of Egypt (CBE) announced that its various initiatives have…

Hossam Mounir Hossam Mounir