The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required …
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Egypt’s central bank
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Egypt’s net foreign reserves inched up by $100 million to $40.200 billion at the end of February …
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The National Bank of Egypt, the country’s biggest state-run lender, announced on Thursday that it is exempting …
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BanksFeatureMoney
Egypt’s central bank launches initiative to cancel fees on activating e-collection services
The Central Bank of Egypt (CBE) launched an initiative to cancel all fees that private sector’s MSMEs …
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The Egyptian economy is set to grow 2.8 percent in the financial year 2020-2021 that ends in …
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BanksFeatureMoney
BREAKING: Egypt’s central bank tells banks not to pay dividends to shareholders to protect capital
Egypt’s central bank issued on Monday new guidelines, including banning banks from distributing profits to shareholders to …
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Egypt’s net foreign reserves inched up to $40.062 billion at the end of December from $39.221 billion …
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BanksFeatureMoney
Egypt’s central bank renews suspension of ATM, banking transaction fees till June 2021
The Central Bank of Egypt (CBE) decided extending the suspension of fees on cash withdrawals from ATMs …
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The Central Bank of Egypt (CBE) also adjusted its inflation target to a range of 7 percent …
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Remittances from Egyptians working abroad rose by 19.6 percent year-on-year in the first quarter of the 2020-2021 …