The Central Bank of Egypt CBE announced that Egypts net international reserves rose to USD 50.071 billion at the end of October 2025, compared to USD 49.533 billion at the end of September 2025, marking an increase of USD 538 million.
The statistical bulletin issued by the Central Bank of Egypt revealed an increase in the total credit facilities granted by banks excluding the central bank to the household sector, reaching EGP 1.303 trillion by the end of June 2025, compared to EGP 1.153 trillion at the end of December 2024. This represents an increase of EGP 149.892 billion and a growth rate of 13%.
Data the Statistical Bulletin of the Central Bank of Egypt indicate a significant increase in total credit facilities during the first half of 2025, reflecting the continued strength of the banking sector and its vital role in financing various economic sectors.
In line with the Central Bank of Egypts CBE commitment to empowering youth and strengthening Egypts position as a leading regional hub for FinTech, the FinYology Initiative - introduced by the CBEs FinTech Egypt- has launched the third edition of the FinTech Got Talent 2025 competition, in collaboration with the Federation of Egyptian Banks FEB and the Egyptian Banking Institute EBI.
Data released by the Central Bank of Egypt revealed an increase in household sector deposits denominated in local currency, reaching EGP 918.259 billion by the end of September 2025, compared to EGP 642.666 billion at the end of December 2024. This represents a growth rate of 42.88%, equivalent to an increase of EGP 275.593 billion.
Data released by the Central Bank of Egypt revealed that total bank deposits in foreign currencies excluding the Central Bank increased to the equivalent of EGP 3.047 trillion by the end of September 2025, compared to EGP 2.96 trillion at the end of 2024, recording a growth rate of 2.95%.
Over the past two years, Egypts economy has navigated a period of profound global and domestic challenges. In an exclusive discussion with Global Finance, Hassan Abdalla, Governor of the Central Bank of Egypt CBE, outlines how the Bank has responded to external shocks, stabilized the macroeconomic environment, and positioned the financial system for sustainable growth and innovation.
As part of the Memorandum of Understanding MoU signed between the Central Bank of Egypt CBE and the Ministry of Communications and Information Technology MCIT, which aims to support and strengthen the skills of youth and students participating in the Digital Egypt Builders Initiative DEBI particularly in the areas of Artificial Intelligence AI and Business Analytics and in alignment with the States strategic vision for digital transformation, the AI for FinTech Hackathon was launched under the umbrella of FinTech Egypt an initiative by the CBE.
H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt CBE, welcomed S&P Global Ratings decision to upgrade Egypts sovereign credit rating, affirming that the move reflects the growing confidence in the Egyptian economy, driven by the monetary and structural reforms implemented recently.
As part of its ongoing efforts to advance the banking sector in line with international best practices, the Ce
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