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

CBE bars credit facilities for unregistered entities

The Central Bank of Egypt (CBE) has instructed banks not to grant…

Hossam Mounir

CBE, media regulator sign protocol to oversee digital banking content

Central Bank of Egypt (CBE) Governor Hassan Abdalla and Supreme Council for…

Daily News Egypt

Egypt’s banking sector NFA falls to $27.4bn in February: CBE

The Central Bank of Egypt (CBE) said net foreign assets (NFA) of…

Daily News Egypt

Banque Misr appoints Amr El-Nokaly as Deputy CEO for Business Sectors

Banque Misr has announced the appointment of Amr Mohamed Zaki El-Nokaly as…

Daily News Egypt

NBE, MSMEDA partner to expand financing for SMEs, entrepreneurship

The National Bank of Egypt (NBE) has signed a cooperation protocol with…

Daily News Egypt

Inflation outlook faces rising upside risks: CBE

The Central Bank of Egypt (CBE) has warned that the inflation trajectory…

Hossam Mounir

CBE mandates banks to establish dedicated anti-fraud units

The Central Bank of Egypt (CBE) has mandated banks operating in the…

Hossam Mounir

Strong expectations for CBE to hold interest rates

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

Hossam Mounir

Banks in Egypt post EGP 601.6bn in net profits in 2025: CBE

The Central Bank of Egypt (CBE) said banks operating in the Egyptian…

Hossam Mounir

Suez Canal Bank general assembly approves 2025 results, highlighting strong growth, strategic expansion

The ordinary general assembly of Suez Canal Bank, chaired by Amr Tantawy,…

Hossam Mounir