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| ABOUT EGYPT |
| Egypt General Information |
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OVERVIEW OF EGYPT
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| Ancient Egyptian History |
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| Date of Establishment |
:1961 |
| Legal Form |
:The CBE is an autonomous public legal person, assuming the authorities and powers vested therein by Law No. 88 for 2003, and the Presidential Decree No. 64 for 2004, Issuing the Statute of the Central Bank . |
| Paid-up Capital |
:1000 million Egyptian pounds (LE) |
| Funds |
:The funds of the Central Bank are considered private funds |
| Board of Directors |
:Chairman (Governor), Vice Chairmen (two Deputy Governors) and 12 members. |
| Senior Management |
::Sub-Governors, Assistant Sub-Governors. |
| Advisors |
:Legal, Governor's Office, Public Relations, Supervision.... |
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Objectives & Functions:
The main objectives and functions of the CBE are as follows:-
A) Realizing price stability and the banking system soundness, and setting the objectives of the monetary policy, in agreement with the government, through a coordinating council.(Presidential Decree No. 17 for 2005)
B) Formulating and implementing the monetary, credit & banking policies.
C) Issuing banknotes and determining their denominations and specifications.
D) Managing liquidity in the national economy. It may conduct open market operations.
E) Influencing the banking credit in a way warranting the fulfillment of the actual needs of the different aspects of economic activity.
F) Supervising the units of the banking sector.
G) Managing the gold and foreign exchange reserves of the State.
H) Regulating and managing the foreign exchange market
I) Supervising the national payments system.
J) Recording and following up Egypt's external debt (public and private).
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First :Public Sector Banks :
Bank |
Address |
Registration
No. Date |
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151, Mohamed Farid St., Cairo. |
1 18/01/1958 |
2. Banque Du Caire |
6, Dr. Moustafa Abu Zahra St.,Nasr city, Cairo. |
3 18/01/1958 |
3. National Bank of Egypt |
1187, Cornich El Nile St., Cairo. |
33 01/01/1961 |
4. Egyptian Arab Land Bank |
78 Gameat El Dewal El Arabia St., Mohandesseen, Giza. |
9 18/01/1958 |
5. Industrial Development Bank of Egypt |
110, El Galaa St., Cairo. |
63 27/05/1967 |
6. The Principal Bank for
Development and Agricultural Credit |
110, El Kasr El Einy St., Cairo. |
75 11/08/1977 |
Second : Private and Joint Venture Banks
1. Bank of Alexandria |
49, Kasr El Nile St., Cairo. |
2 18/01/1958 |
2. Commercial International
Bank (Egypt) S.A.E. |
Nile Tower 21/23, Charles Du
Gaulle St., (ex Giza St.,), Giza. |
54 13/08/1975 |
3. Blom Bank - Egypt |
64, Mohy El Din Abu El Ezz, El
Dokki, Giza. |
70 24/03/1977 |
4. BNP Paribas S.A.E. |
3, Latine America St., Garden
City, Cairo. |
74 14/07/1977 |
5. Suez Canal Bank |
7,9 Abdel Kader Hamza St.,
Garden City, Cairo. |
80 09/03/1978 |
6. Piraeus Bank - Egypt |
10, Talaat Harb St., Cairo. |
84 29/06/1978 |
7. Ahli United Bank - Egypt |
1191, Cornich El Nile St., World
Trade Centre, Cairo. |
86 03/10/1978 |
8. Audi Bank S.A.E. |
104, El Nile St., El Dokki, Giza. |
85 29/08/1978 |
9. Faisal Islamic Bank of Egypt |
3 – 26 July St., Cairo. |
88 14/06/1979 |
10. Egyptian Saudi Finance Bank |
60 Mohie El-Din Abu El Ezz ElDokki, Giza. |
92 08/05/1980 |
11. Al Watany Bank of Egypt |
13, El Semar St., Gameat El
Dewal El Arabia, Mohandeseen Giza. |
93 26/05/1980 |
12. National Bank For Development
13. Union National Bank – Egypt "UNB-E" |
5A, El Boursa El Gededa St., Cairo.
57,Giza St., El Gameaa Tower, Giza. |
95 24/07/1980
101 15/10/1981 |
14. Egyptian Gulf Bank |
El Orman Plaza Building, 8 Ahmed Nessim St., Giza. |
114 28/01/1982 |
15. HSBC Bank Egypt S.A.E. |
3, Abu El Feda St., Abu El Feda
Building, Zamalek, Cairo. |
121 15/07/1982 |
16. Egyptian Workers Bank |
10, Mohamed Helmy Ibrahim St., Maarouf, Cairo. |
124 23/06/1983 |
17. The United Bank |
106, El Kasr El Einy St.,(Cairo
Center Tower),Cairo. |
128 25/06/2006 |
18. Misr Iran Development Bank |
Nile Tower, 21/23 Charles De
Gaulle St., (ex Giza st.,), Giza. |
53 26/06/1975 |
19. Barclays Bank Egypt S.A.E. |
12, El Sheikh Youssef Square- Garden City, Cairo. |
55 13/08/1975 |
20. Societe Arabe Internationale de Banque. |
56, Gameat El Dewal Al Arabia St., Mohandesseen, Giza. |
69 9/09/1976 |
21. Credit Agricole Egypt S.A.E |
2, 4, 6 Hassan Sabry St.,Zamalek, Cairo. |
72 12/05/1977 |
22. Nationale Societe Generale
Bank |
Dar Champellion 5, Champellion St., Downtown, Cairo. |
81 13/04/1978 |
23. Federal Arab Bank For
Investment & Development |
8, Abdel Khalek Sarwat St.,
(Cairo-Sky Building), Cairo. |
83 29/06/1978 |
24. Housing and Development Bank |
12, Syria St., Mohandeseen, Giza. |
89 24/09/1979 |
25. Arab African International Bank |
5, El Saray El Kubra St., Garden City, Cairo. |
116 10/06/1982 |
26. Arab Banking Corporation – Egypt S.A.E. |
1 El Saleh Ayoub St., Zamalek, Cairo. |
122 25/11/1982 |
27. Export Development Bank of Egypt |
108, Mohy El Din Abu El Ezz, El Dokki, Giza. |
127 31/12/1984 |
Second : Private and Joint Venture Banks
1. National Bank of Abu Dhabi |
21, Charles De gaulle St.,
(ex Giza St.,), Nile Tower, Giza. |
52 23/01/1975 |
2. Citi Bank N A / Egypt |
4, Ahamed Bacha St., Garden City, Cairo. |
57 16/10/1975 |
3. Arab Bank PLC |
50, Geziret El Arab St., Mohandeseen, Giza. |
65 10/6/1976 |
4. The Bank of Nova Scotia |
3, Ahmed Nessim St., Giza. |
68 26/8/1976 |
5. Mashreq Bank |
21, 23 Charles Degaulle St.,
(ex. Giza St.,), Nile Tower
Building, Giza. |
73 26/05/1977 |
6. National Bank of Greece |
32, Haron St., Dokki, Giza. |
78 9/2/1977 |
7. National Bank of Oman S.A.O.G. |
133/135 Abd El Aziz Fahmy St.,
Heliopolis, Cairo. |
94 26/6/1980 |
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