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 governor meets Beijing delegation to discuss economic, financial cooperation

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), received a…

Daily News Egypt

CBE receives $1.17bn in bids for dollar-denominated T-bills auction

The Central Bank of Egypt (CBE) attracted bids totaling $1.17bn in its…

Hossam Mounir

CBE to offer $950m dollar-denominated T-Bill tender to cover previous maturity

The Central Bank of Egypt (CBE) will offer a one-year Treasury bill…

Hossam Mounir

CBE governor meets IMF deputy managing director on sidelines of Spring Meetings

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with…

Daily News Egypt

CBE governor participates in second G20 FMCBG meeting

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

Daily News Egypt

CIB launches enhanced internet banking platform to accelerate digital transformation

Commercial International Bank – Egypt (CIB) has launched an upgraded version of…

Daily News Egypt

United Bank expands digital services, financing solutions for companies

United Bank has unveiled a new package of digital banking services under…

Hossam Mounir

Customer deposits at banks climb to EGP 13.599trn in December 2024

The Central Bank of Egypt (CBE) reported that customer deposits at banks…

Hossam Mounir

Egypt’s foreign trade reaches $32.24bn in Q1 of FY25: CBE

The Central Bank of Egypt (CBE) has announced that Egypt’s total foreign…

Hossam Mounir

Market awaits reopening of banks to gauge impact of CBE’s 2.25% rate cut on savings, loans

Markets are closely watching the reopening of banks on Tuesday—following the Easter…

Hossam Mounir