Egyptian banking sector demonstrates strong financial resilience, ability to withstand shocks: CBE

Dailynewsegypt ·
Economy Central Banks Egypt
Egypt

The Central Bank of Egypt (CBE) said the Egyptian banking sector had demonstrated a high degree of financial resilience and an ability to withstand various shocks, despite heightened risks to global financial stability, particularly amid escalating geopolitical tensions. The sector’s resilience has been supported by the CBE’s continued implementation of appropriate supervisory and prudential…

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