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Central Bank of Egypt

CBE reveals total financial position of banks operating within local market in H1 2023

During H1 2023, banks recorded reserves worth EGP 492.386 billion, of which EGP 377.942 billion were held by the 10 largest banks and EGP 326.422 billion by the 5 largest banks

CBE Governor attends Korea-Africa Economic Cooperation conference

The conference was organized by the South Korean Ministry of Economy and Finance and the Korea Export-Import Bank, in cooperation with the African Development Bank (AfDB)

Governor of CBE bank participates in Algeria’s Bank Governors meeting

During the meetings, they coordinated and agreed to hold specialized banking forums in Egypt, Tunisia, and Qatar.

Egyptian net foreign exchange reserves up, reaches $34.92B | CBE

Annually, the CBE’s figures indicate an uptick of 5.39% year-on-year in August compared to $33.14 billion during the same month in 2022

Egyptian banking sector’s domestic liquidity jumps to EGP 8.34trn in July | CBE

Total non-governmental deposits in local currency within banks increased to EGP 5.791 trillion in July 2023, compared to approximately EGP 5.411 trillion in December 2022