The Central Bank of Egypt is the country's Central Bank founded in the year 1961. The bank had a total paid up capital to the extent of 1,000 million Egyptian pounds.
The bank is assigned as an independent body with special powers. Important objectives of the bank are as follows:
- Issuance of Banknotes
- Maintaining Price Stability
- Establishing a well regulated banking system
- Managing the Foreign Exchange Reserves
- Implementing monetary and credit policies
The bank has a board of directors constituting the Chairman, Vice Chairman, and 12 members. The senior management of the bank constitutes Sub Governors and Assistant Governors.
The Address and Contact details of the bank is as follows:
Central Bank of Egypt
Address: 31 Kasr El-Nil Street Kairo EGYPT
Fax: ++20-2-392 63 61 ; 392 50 45