Tag: #Central Bank of Egypt
The CBE’s new initiative to guarantee imports through Letters of Credit
As of February the 22nd of February, importers must present letters of credit to import goods from abroad, according to a new initiative issued by...
Egyptian banking sector handles pandemic’s repercussions efficiently says CBE
The Egyptian banking sector has dealt efficiently with the repercussions of the coronavirus pandemic and has contributed to mitigating its negative effects on the...
Central Bank Egypt approves launch of e-portal for smartphone wallet management
The Central Bank of Egypt (CBE) approved the launch of an e-portal for managing smartphone wallet accounts in cooperation with the National Telecom Regulatory...
Egypt’s central bank keeps interest rates unchanged for 9th time in row during 2021’s...
The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate...