Central Bank of Egypt CBE
General information
Company type
Local/Corporate CompanyIndustries
Banking/FinanceCompany size
5,001–10,000 employeesCountry
Egypt
Company overview
The Central Bank of Egypt (CBE) is an autonomous regulatory body, assuming the authorities and powers vested therein by Law No. 194 for the year 2020
The Central Bank of Egypt (CBE) is an autonomous regulatory body, assuming the authorities and powers vested therein by Law No. 194 for the year 2020, This is to highlight the core purposes of the Bank and some of the work that is undertaken to achieve them.
The main objectives and functions of the CBE are as follows:
- Realizing price stability and ensuring the soundness of the banking system.
- Formulating and implementing the monetary, credit & banking policies.
- Issuing banknotes and determining their denominations and specifications.
- Supervising the banking sector.
- Managing the foreign currency international reserves of the country.
- Regulating the functioning of the foreign exchange market.
- Supervising the national payments’ system.
- Recording and following up on Egypt’s external debt (public and private)
Location
Egypt
54, El Gomheria st., Down Town, Cairo, Egypt
Founder
No team members found.
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