بنوك 24
بنوك 24 بوابة معرفية وخدمية وتوعوية متخصصة معنية بالخدمات والمنتجات والأخبار البنكية، والأخبار الاقتصادية وفق القواعد المهنية الأصيلة…
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The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) signed yesterday a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank. This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves, and reduce Africa’s reliance on foreign refining and trading hubs. This landmark MoU […]
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 […]
As part of its ongoing efforts to implement an inflation-targeting framework and enhance its policy transparency, the Central Bank of Egypt has resumed the publication of its quarterly Monetary Policy Report (MPR). This initiative reaffirms the CBE’s commitment to clear communication and transparency, as the MPR serves as the primary tool for explaining the rationale […]
Financial inclusion rates in Egypt continued their upward trend, marking one of the best performers among peer countries. The number of citizens who own and use active accounts that enable them to perform financial transactions – whether banks, Egypt Post, mobile wallets, or prepaid cards – reached around 52 million citizens out of 69.6 million […]
In a significant step towards simplifying financial concepts and increasing awareness about different financial products and services, the Central Bank of Egypt (CBE) has developed financial literacy content including concepts and topics related to financial inclusion. This initiative is part of a financial literacy campaign launched by the CBE in collaboration with the European Union […]
The Central Bank of Egypt has decided to offer a stake of United Bank’s (UB) shares on the Egyptian Stock Exchange, and is currently working on obtaining the required approvals related to the offering, including the approvals of the Financial Regulatory Authority and the Egyptian Stock Exchange. Completion of the Offering is expected to take […]
The Central Bank of Egypt (CBE), in collaboration with Visa, a leading global payments technology company, hosted the first edition of “Egypt Fraud Combating Forum,” aiming to raise awareness of the Egyptian banks and financial institutions’ employees on the latest fraud trends impacting the financial systems, and how to mitigate them. The forum aims at […]
In light of the presidential directives to support Egyptian-African cooperation and integration, the Central Bank of Egypt (CBE) is hosting, for the second consecutive year, a training program in cooperation with the COMESA Monetary Institute (CMI) on the “Application of Big Data Analysis and Artificial Intelligence and their Impact on Central Banking”, during the period […]
