Central Bank of Egypt (CBE)

Banker referred to court for LE3 million embezzlement

Sun, 09 Dec 2018 - 07:00 GMT

A banker at the Central Bank of Egypt (CBE) was referred by the Illegal Earning Agency to Cairo Criminal Court for embezzling LE 3 million ($168,000).

Year-on-year inflation rate declines to 13.6% in August

Mon, 10 Sep 2018 - 01:28 GMT

However, the monthly inflation rate recorded a rise of 1.7 percent.

Microfinance rises to LE15.6B serving 2.9 million customers

Sun, 02 Sep 2018 - 10:54 GMT

Zulficar stated that the number of enterprises holding licenses to provide microfinance increased to six while that of NGO’s rose to 897.

Union of Arab Banks picks Tarek Amer as best governor of 2017

Thu, 05 Oct 2017 - 03:05 GMT

Amer will be awarded in November during a ceremony in Beirut.

CBE decision to raise interest rate contributes to reducing inflation

Fri, 07 Jul 2017 - 10:06 GMT

Financial experts described the decision of the Central Bank of Egypt (CBE) to raise the interest rate by two percent as "positive", to control the inflation.

State-owned banks halt Qatari riyal trading

Mon, 05 Jun 2017 - 12:00 GMT

State-owned Egyptian banks National Bank of Egypt (NBE) and Banque du Caire have stopped dealing with the Qatari riyal (QAR) on Monday.