Central Bank of Egypt
The Central Bank of Egypt (CBE) is the primary financial institution responsible for regulating the country's monetary policy and overseeing the banking sector. Established in 1961, its main objectives include maintaining price stability, managing foreign exchange reserves, and ensuring a stable financial system.
The CBE also plays a crucial role in issuing the national currency, the Egyptian pound, and supervising commercial banks. By implementing policies that promote economic growth and financial stability, the Central Bank aims to foster a healthy economic environment for both businesses and consumers in Egypt.