Law No. 88 of 2003 of the "Central Bank, Banking Sector and Monetary System" entrusts the Central Bank of Egypt (CBE) with the formulation and implementation of monetary policy, with price stability being the primary and overriding objective.
CBE sets the regulatory and supervisory standards to guarantee the sound financial positions of banks, and their efficient performance, as well as issuing the necessary decisions for their implementation, and evaluating the efforts exerted
MPC Press Release January 16 2020
Circular dated 12 Jan 2020 regarding full utilization of allocated amount for the initiative for medium sized companies with 7% rate
Circular dated 8 January 2020 regarding initiative to support renovation of hotels, floating hotels and transport fleet
Circular dated 8 January 2020 regarding non performing loans initiative for companies working in tourism sector
Circular dated 8 January 2020 regarding extending tourism initiative and initiative to support retail facilities to tourism sector