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

Industrial Development Bank posts EGP 1.7bn in pre-provision profits for 2024

The Ordinary and Extraordinary General Assemblies of the Industrial Development Bank (IDB)…

Hossam Mounir

ADIB Egypt publishes second sustainability report for 2024

In a move that reaffirms its leadership in sustainable Islamic banking, Abu…

Daily News Egypt

CBE governor represents Egypt at Afreximbank’s 2025 annual meetings in Nigeria

On behalf of President Abdel Fattah Al-Sisi, Central Bank of Egypt (CBE)…

Daily News Egypt

ABE hosts Serbian, Angolan delegations to explore agricultural cooperation

The Agricultural Bank of Egypt (ABE) recently received two official delegations from…

Daily News Egypt

HDB named among top 100 best-performing companies on EGX in 2024

The Housing and Development Bank (HDB) has been recognised as one of…

Daily News Egypt

CBE unveils key financial soundness indicators for banks in Egypt during Q1 2025

The Central Bank of Egypt (CBE) has published the latest financial soundness…

Hossam Mounir

HSBC Egypt, EBCC and UK Export Finance host high-level Investment, Infrastructure Forum in Cairo

HSBC Egypt, in collaboration with the Egyptian-British Chamber of Commerce (EBCC) and…

Daily News Egypt

Egyptian expat remittances surge to $29.4bn in 10M of FY 2024/25: CBE

Remittances from Egyptians working abroad recorded a historic increase in the first…

Hossam Mounir

Union of Arab Banks names Hassan Abdalla ‘Governor of Year 2025’

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), has been…

Daily News Egypt

United Bank rises to 7th among Egypt’s mortgage lenders with EGP 3.2bn portfolio

Ashraf El-Kady, Chairperson of United Bank, announced that the bank’s mortgage finance…

Daily News Egypt