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CBE returns bank withdrawal cap to EGP 250,000

The Central Bank of Egypt (CBE) issued an official letter to state-based lenders that the maximum daily cash withdrawal limit from branches has returned to its normal level of EGP 250,000, for both individuals and companies, effective on July 15th.

Updated 7/15/2025 11:54:00 AM
CBE temporarily raises bank withdrawal cap to EGP 500,000 amid network disruptions

The Central Bank of Egypt (CBE) has temporarily raised the daily limit for cash withdrawals in local currency from bank branches to EGP 500,000 for both individuals and companies.

Updated 7/8/2025 11:46:00 AM
CBE allows banks to set foreign currency withdrawal limits

The Central Bank of Egypt (CBE) announced that banks can set their own policies for foreign currency withdrawal limits, with approval from their boards of directors

Updated 8/22/2024 7:40:00 AM
Telecom Egypt calls off plan to sell stake in Vodafone Egypt

Telecom Egypt has retracted from selling its stake in Vodafone Egypt, as it anticipates garnering profits of up to EGP 3 billion from this stake in 2024.

Updated 5/19/2024 8:40:00 AM
CBE raises cash withdrawal limit from banks to EGP 250,000

The Central Bank of Egypt (CBE) has increased the daily maximum limit for cash withdrawals by individuals and companies from bank branches by 67% to EGP 250,000.

Updated 4/15/2024 12:32:00 PM