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CBE

African banks hold 63% of continent's financial system assets: inaugural stability report

Prepared under the leadership of the Central Bank of Egypt (CBE), the report covers 46 African countries, representing around 90% of Africa's GDP and 85% of the continent's economies.

Egypt’s central bank keeps interest rates unchanged

The discount rate was also maintained at 19.50%.

Egyptian expatriate remittances hit record $39.2B in first 10 months of FY2025/2026

On a monthly basis, remittances increased by 44% in April 2026, recording around $4.3 billion, compared to approximately $3 billion in April 2025.

Egypt expands tourism financing initiative, raises maximum client funding to EGP 4B

The activation process must be completed by the end of June 2026.

Egypt’s central bank denies plans to issue EGP 10,000 banknote

The bank clarified that the EGP 200 note remains the highest paper currency denomination currently circulating in Egypt.