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CBE

MPC decides to cut key policy rates by 100 basis points

نُشر في

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) today decided to cut the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation by 100 basis points to 21.00 percent, 22.00 percent, and 21.50 percent, respectively. The Committee also decided to cut the discount rate to 21.50 […]

Governor of the Central Bank of Egypt Attends the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors in Tunisia

نُشر في

H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), is participating on Wednesday in the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors, hosted by the Republic of Tunisia. The event is attended by Governors of Arab central banks, along with a number of distinguished representatives […]

CBE

HC expects the CBE to cut interest rates by 200 bps at its upcoming

نُشر في

In light of Egypt’s macro economy developments and the geopolitical conditions, HC Securities & Investment expects the CBE to cut interest rates by 200 bps at its upcoming August 28, 2025 meeting Financials analyst and economist at HC, Heba Monir commented: We see Egypt’s external position stabilizing as per the following indicators: (1) the c5% […]

Central Bank of Egypt Hosts a High-level Delegation from the Central Bank of Iraq

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In light of Egypt’s commitment to strengthening collaboration with fellow Arab states, the Central Bank of Egypt (CBE) hosted recently a high-level delegation from the Central Bank of Iraq (CBI), headed by the Deputy Governor. The visit aimed to exchange expertise across various areas related to central banking operations Mr. Tarek ElKholy, Deputy Governor of […]

Central Bank of Egypt Hosts Kenyan Delegation to Share Cybersecurity Expertise

نُشر في

In line with Egypt’s commitment to fostering cooperation with African counterparts across all sectors, the Central Bank of Egypt (CBE) welcomed a high-level delegation from the Central Bank of Kenya (CBK). The official three-day visit focused on the CBE’s Cybersecurity Sector and the Egypt Financial Computing Incident Response Team (EG-FinCIRT), which stands as a leading […]

Governor of Central Bank of Egypt Hosts Nigerian Counterpart and Conducts a Tour of the New Administrative Capital Printing House

نُشر في

In line with Egypt’s vision to strengthen ties with African nations across all sectors, H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), welcomed H.E. Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), and his accompanying delegation for strategic discussions at the CBE premises. The meeting focused on expanding […]

Governor of the Central Bank of Egypt Signs Memorandum of Understanding with Chinese Counterpart to Promote Mutual Cooperation

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In a significant step to strengthen banking and financial ties between Egypt and China, H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), signed a Memorandum of Understanding (MoU) with H.E. Mr. Pan Gongsheng, Governor of the People’s Bank of China (PBOC), at the Egyptian Cabinet to boost joint collaboration across various […]

Governor of the Central Bank of Egypt Hosts Governor of the People’s Bank of China and Witness Signing of Three Memoranda of Understanding for Joint Cooperation

نُشر في

Within the framework of the strategic and historic relations between the Arab Republic of Egypt and People’s Republic of China, H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), received H.E. Mr. Pan Gongsheng, Governor of the People’s Bank of China (PBOC), and his accompanying delegation, during an official visit to Egypt, […]

Central Bank of Egypt Directs Banks to Support Exporting Clients and Align with International Environmental Standards

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As part of the Central Bank of Egypt’s (CBE) ongoing efforts to promote sustainable finance and to stay aligned with global trends and international momentum to combat climate change, the CBE has issued a directive requiring banks to support their exporting clients in complying with international sustainability standards during the production process of their exported […]

Central Bank of Egypt and “Hayah Karima” Foundation Sign MoU to Foster Sustainable Social Development and Promote Volunteering Culture

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The Central Bank of Egypt (CBE) signed a Memorandum of Understanding (MoU) with “Hayah Karima” Foundation to boost volunteering efforts that support sustainable social development projects and promote economic empowerment for the most vulnerable segments of society across various governorates The MoU was signed by Ms. Ghada Tawfik, Sub-Governor of the CBE for Corporate Social […]

Central Bank of Egypt Reveals Total Banking Sector’s Contributions to Corporate Social Responsibility in 2024

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• EGP 3.9 billion of banks’ contributions allocated to support priority service sectors throughout the year • Focusing on healthcare and social welfare sectors, developing informal settlements, and empowering women and persons with disabilities, as well as fostering education to align with the State’s vision of achieving sustainable development The Central Bank of Egypt (CBE) […]

CBE

Egyptian Banks Offer Fee-Waived Account Openings with No Minimum Balance Requirement for Citizens Until the End of April

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In celebration of “Arab Financial Inclusion Day,” bank employees across Egypt are stepping outside their branches to deliver a range of services to the public until the end of April, under the auspices and supervision of the Central Bank of Egypt (CBE), including • Opening bank accounts for citizens free of charge, with no minimum […]