بنكي | BANKY

Central Bank of Egypt: Steering Stability, Innovation, and Investor Confidence

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.

Hisham Ezz Al-Arab: Monetary policy stability in Egypt ends the “era of surprises” … and CIB prepares to launch an independent digital bank

Hisham Ezz Al-Arab, Chief Executive Officer of the Commercial International Bank Egypt CIB, stated that the period 2015 to the end of 2022 witnessed what he described as intense volatility, noting that this phase was marked by frequent surprises in monetary policy and exchange rate management.

Hisham Ezz Al-Arab: The Central Bank has succeeded in stabilizing monetary policy and ending the era of surprises

Hisham Ezz Al-Arab, Chief Executive Officer of the Commercial International Bank Egypt CIB, stated that the period 2015 to the end of 2022 witnessed what he described as intense volatility, or what is known economically as volatility, noting that this phase was marked by frequent surprises in monetary policy and exchange rate management.

Hisham Ezz Al-Arab: Non-performing loan coverage ratio reaches 340%, reflecting the financial strength of CIB

Hisham Ezz Al-Arab, Chief Executive Officer of the Commercial International Bank Egypt CIB, revealed that the bank achieved a non-performing loan NPL coverage ratio of 340% by the end of last year a figure he described as exceptionally high compared to the regional banking average, which ranges between 90% and 130%.

FABMISR Signs Strategic Partnership with noon payments

First Abu Dhabi Bank Misr FABMISR, one of the largest banks operating in Egypt, has announced a strategic partnership with noon payments, a subsidiary of noon, following the receipt of Central Bank of Egypt CBE approval for noon payments as a payment service provider PSP.

A remarkable ending to the semifinals of the CIB Egyptian Squash Open 2025, in a thrilling atmosphere that set the stage for the much-anticipated finals

The semifinals of the CIB Egyptian Squash Open 2025 came to a close today on the glass court in front of the P

CAPMAS: Egypt’s Urban Inflation Rate Drops to 14.9% in June 2025

Egypts Central Agency for Public Mobilization and Statistics CAPMAS announced a slowdown in the countrys urban inflation rate in June, breaking a three-month streak of consecutive increases. The development comes as the authorities prepare for a key interest rate decision on Thursday.

Approval of Egypt's IMF programme review faces possible delay

Hisham Ezz Al-Arab Wins “CEO of the Year” Award from MEED in Recognition of His Outstanding Leadership at CIB

Dollar Hits Record High Against Egyptian Pound Amid Stock Market Decline

IMF Approves $1.2 Billion Disbursement to Egypt Following Completion of Fourth Review

The Executive Board of the International Monetary Fund IMF completed the fourth review of Egypts Exte

Goldman Sachs raises 2025 economic growth forecast for Germany, Euro area