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

Net international reserves rise to $46.383bn in June: CBE

The Central Bank of Egypt (CBE) reported that the country’s net international…

Hossam Mounir Hossam Mounir

Financial position of banks operating in Egypt surges to EGP 17.8trn in Q1 2024: CBE

The Central Bank of Egypt (CBE) recently disclosed a substantial increase in…

Hossam Mounir Hossam Mounir

FABMISR appoints new Internal Sharia Supervisory Committee for Islamic banking services

FABMISR, one of Egypt’s largest banks, is pleased to announce the appointment…

Daily News Egypt Daily News Egypt

Banks report strong Q1 2024 profits in Egypt despite economic challenges

Banks' net profits reach EGP 156.223bn in Q1 2024: CBE

Hossam Mounir Hossam Mounir

Islamic banking turnover in Egypt reaches EGP 701bn in March 2024

Faisal Islamic Bank of Egypt ranks first among Islamic banks in Egypt…

Hossam Mounir Hossam Mounir

What did CBE do to reduce and stabilise prices?

CBE plays defining role in stabilising markets, lowering prices, and curbing inflation

Mohamed Abdel Aal Mohamed Abdel Aal

Financial position of banks in Egypt increases to EGP 15.429trn in February 2024: CBE

Customer deposits in banks jump to EGP 10.617trn, credit facilities rise to…

Hossam Mounir Hossam Mounir

HSBC named Egypt’s Best Bank for Diversity, Inclusion by Euromoney

HSBC has earned the prestigious title of Best Bank for Diversity and…

Daily News Egypt Daily News Egypt