Banking

The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
Latest Banking News

2026: A defining year in Egypt’s shift toward sustainable, production-led growth

The year 2026 marks a decisive turning point in Egypt’s economic trajectory.…

Shaimaa wagih

IDB targets broad-based expansion in 2026 following transformational year: CEO Refaie

Hussein Refaie, Chief Executive Officer and Managing Director of the Industrial Development…

Hossam Mounir

2026 to mark pivotal year for SAIB Bank: CEO Naguib

Afdal Naguib, Chief Executive Officer and Managing Director of SAIB Bank, said…

Hossam Mounir

CBE opens 2026 with 100bps rate cut, lowers reserve requirement

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

HDB’s 2025-2030 strategy: Strong financial performance, digital transformation, and sustainable growth: Ghanem

Building on a trajectory of growth and leadership, steadily and through successive…

Hossam Mounir

We remain at centre of Egypt’s most significant transactions across multiple fronts: HSBC Egypt CEO

In this exclusive interview with Daily News Egypt, Todd Wilcox, CEO and…

Hossam Mounir

Market awaits impact of 1% rate cut on savings, loans, and government debt

The Egyptian market is awaiting banks’ return to work on Sunday to…

Daily News Egypt

Strong expectations of 1-2% cut in EGP interest rates at CBE’s first meeting of 2026

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

CIB reports EGP 117bn in consolidated revenue, EGP 82.2bn net income in FY2025

Commercial International Bank-Egypt (CIB) on Tuesday reported consolidated net income of EGP…

Hossam Mounir

CBE’s role is not to push currency up or down: Governor

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in…

Daily News Egypt