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

Opinion | Expat Remittances: Egypt’s Inexhaustible Mine

Whenever we look at the foreign-exchange reserve data of the Central Bank…

Mohamed Abdel Aal

CBE outlines drivers behind October’s rise in inflation

Annual urban headline inflation accelerated to 12.5% in October 2025, up from…

Hossam Mounir

Inflation-related risks necessitate cautious monetary-easing approach: CBE

The Central Bank of Egypt (CBE) has cautioned that persistent inflation-related risks…

Hossam Mounir

CBE set to decide EGP interest rates amid sharp split in market expectations

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

Hossam Mounir

CBE’s digital transformation push lifts financial inclusion to 76.3% in June 2025: Assistant Governor

Mohamed Amer, Acting Assistant Governor of the Central Bank of Egypt (CBE)…

Daily News Egypt

ADCB launches ClimaTech Accelerator 2025

Abu Dhabi Commercial Bank (ADCB) has renewed its strategic partnership with the…

Daily News Egypt

saib Bank board gives initial approval for EGP 20bn bond programme to fund expansion

The Board of Directors of saib Bank has granted initial approval for…

Hossam Mounir

Suez Canal Bank posts EGP 5bn profit in September 2025, up 62%

Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, announced…

Hossam Mounir

HDB marks first milestone of 2025–2030 strategy as strong results reinforce growth momentum: Ghanem

Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank…

Hossam Mounir

CBE receives $1.68bn in bids for USD-denominated T-bills

The Central Bank of Egypt (CBE) received 28 bids totalling $1.677bn for…

Hossam Mounir