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

Egyptian Parliament approves EBRD expansion into Sub-Saharan Africa and Iraq

The Egyptian House of Representatives has approved an amendment to the European…

Daily News Egypt

WE, CIB forge strategic partnership to deliver cutting-edge digital financial services

Egyptian telecommunications and IT services provider WE has entered into a strategic…

Daily News Egypt

Annual urban inflation drops sharply to 12.8% in February 2025: CBE

Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025,…

Hossam Mounir

CIB, Nile University celebrate first graduating cohort from Sustainable Finance Programme for SMEs

The Commercial International Bank (CIB) and Nile University recently celebrated the graduation…

Daily News Egypt

Suez Canal Bank approves bonus shares worth EGP 3.5bn

The Ordinary General Assembly of Suez Canal Bank has approved the profit…

Daily News Egypt

CBE reports EGP 133.4bn in net profits for February 2025

The Central Bank of Egypt (CBE) recorded a net profit of EGP…

Hossam Mounir

Banque Misr partners with MSMEDA in EGP 200m agreement to bolster small enterprises, expand working capital

Ahmed Eissa, Executive Vice President of Banque Misr, has signed a landmark…

Daily News Egypt

HSBC introduces pioneering liquidity solution for Middle East corporates, advancing real-time treasury management

HSBC has unveiled an innovative cash concentration solution designed to help corporate…

Daily News Egypt

Egyptian banks report record profits of EGP 534.8bn in 2024

Banks operating in the Egyptian market recorded net profits of EGP 534.8bn…

Hossam Mounir

Bank of Tanzania delegation visits CBE to gain insights into Egypt’s pioneering cybersecurity model

As part of Egypt’s commitment to strengthening cooperation with African nations, the…

Daily News Egypt