CBE

Egypt, UAE sign MoU to boost coop. in banking supervision

Thu, 10 Jun 2021 - 06:03 GMT

Under the MoU, the two parties would work on identifying mechanisms of cooperation and exchanging information on the ownership structure of licensed financial institutions, authorizing acquisitions and conducting inspection of licensed financial institutions, the CBE said in a statement on Thursday.

Egypt's central bank issues LE 17.5B in T-bills Thursday

Thu, 10 Jun 2021 - 10:33 GMT

The T-bills were offered in two installments, with the first valued at LE 10.5 billion with a 182-day term.

Egypt's central bank issues LE 13B in T-bonds Monday

Mon, 07 Jun 2021 - 02:15 GMT

The T-bonds were offered in two installments, with the first valued at LE 7 billion with a three-year term.

Egypt's central bank issues LE 18.5B in T-bills Sunday

Sun, 06 Jun 2021 - 12:51 GMT

The T-bills were offered in two installments, with the first valued at LE 11 billion with a 91-day term.

Egypt’s net foreign reserves rise about $125 M in May: CBE

Thu, 03 Jun 2021 - 04:20 GMT


The net foreign currency reserves rose to $40.468 billion by the end of May, 2021, compared with $40.343 billion recorded in April.

Egypt's central bank issues LE 11.5B in T-bonds Monday

Mon, 31 May 2021 - 10:11 GMT

The T-bonds were offered in two installments, with the first valued at LE 6.5 billion with a five-year term.

Egypt's central bank issues LE 18.5B in T-bills Sunday

Sun, 30 May 2021 - 10:22 GMT

The T-bills were offered in two installments, with the first valued at LE 10.5 billion with a 91-day term

Egypt to receive $1.6B from IMF during 2nd half of June

Thu, 27 May 2021 - 03:05 GMT

Abul-Naga clarified this step is a tribute to the economic reform measures undertaken by the Egyptian state since 2016.

Egypt's central bank issues LE 17.5B in T-bills Thursday

Thu, 27 May 2021 - 01:45 GMT

The T-bills were offered in two installments, with the first valued at LE 10.5 billion with a 182-day term.

Egypt's net foreign assets abroad hit record over $20bn, says CBE

Mon, 24 May 2021 - 11:42 GMT

Such an increase in the net foreign assets reflects the strength of the Egyptian banking sector and good management of those in charge of it, Head of the Treasury Sector at the Industrial Development Bank (IDB) Haytham Adel said.

Egypt's central bank issues LE 13.5B in T-bonds Monday

Mon, 24 May 2021 - 08:39 GMT

The T-bonds were offered in three installments, with the first valued at LE 6.5 billion with a three-year term.

Egypt's central bank issues LE 18.5B in T-bills Sunday

Sun, 23 May 2021 - 11:54 GMT

The T-bills were offered in two installments, with the first valued at LE 11 billion with a 91-day term.

Egypt's central bank issues LE 16.5B in T-bills Thursday

Thu, 20 May 2021 - 11:50 GMT

The T-bills were offered in two installments, with the first valued at LE 10 billion with a 182-day term.

Egypt's central bank amends initiative to finance payment of wages for workers in tourism sector

Wed, 19 May 2021 - 03:00 GMT

CBE stated in its periodic book on Wednesday, that it decided to extend the period of validity of the initiative until the end of December 2021 (instead of June 2021), or to exhaust the amount allocated to it by LE 3 billion, whichever comes first.

Egypt's central bank raises maximum of financing in initiative to replace, renovate hotels

Wed, 19 May 2021 - 01:56 GMT

It indicated that this comes in light of the continuous follow-up of the performance of these initiatives and with the aim of continuing to support the tourism sector and its workers in light of the continuing effects of the coronavirus crisis.

Egypt's central bank issues LE 29B in T-bills, bonds Tuesday

Tue, 18 May 2021 - 02:32 GMT

As for the t-bonds, they were also offered in two installments, with the first valued valued at LE 5 billion with a two-year term, and the second worth LE 5.5 billion with a 10-year term.

Egypt's central bank issues LE 23.5B in T-bills, bonds Monday

Mon, 17 May 2021 - 12:51 GMT

As for the t-bonds, they were valued at LE 6 billion with a five-year term.

Egypt's central bank issues LE 16.5B in T-bills Thursday

Thu, 06 May 2021 - 01:56 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 10 billion with a 182-day term.

Egypt’s foreign reserves record $40.343B by end of April

Wed, 05 May 2021 - 02:42 GMT

Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.

Egypt's central bank issues LE 23.5B in T-bills, bonds Tuesday

Tue, 04 May 2021 - 01:53 GMT

The T-bills were offered in two installments, with the first valued at LE 10.5 billion with a 91-day term.

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