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, EIB discuss future cooperation, sustainable finance

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

Daily News Egypt

MIDBANK secures FRA approval to establish digital finance company for SMEs

MIDBANK has received approval from the Financial Regulatory Authority (FRA) to establish…

Daily News Egypt

CIB named to Fortune’s ‘Change the World’ list for economic empowerment

Commercial International Bank – Egypt (CIB) has been included in Fortune’s 2026…

Daily News Egypt

Opinion | Why is the US dollar rising despite improvements in most of Egypt’s economic indicators?

The Egyptian pound has experienced noticeable fluctuations against the US dollar in…

Mohamed Abdel Aal

CBE stress tests show banking sector resilient to severe shocks

The Central Bank of Egypt (CBE) has confirmed that it and the…

Hossam Mounir

CBE trains COMESA central banks on climate risk stress testing

The Central Bank of Egypt (CBE) hosted a training programme on incorporating…

Daily News Egypt

Egypt’s annual urban inflation slows to 13.9% in September 2026: CBE

Annual urban headline inflation decelerated to 13.9% in September 2026, down from…

Hossam Mounir

Egypt’s financial regulator approves Banque Du Caire IPO prospectus for 30% stake worth up to EGP 24.25bn

Egypt's Financial Regulatory Authority (FRA) on Sunday approved the prospectus for the…

Daily News Egypt

Suez Canal Bank launches SCB Business mobile banking app for businesses

Suez Canal Bank has launched its “SCB Business” mobile banking app, designed…

Daily News Egypt

CIB signs cooperation protocol with Justice Ministry to offer notarisation services at branches

The Ministry of Justice and Commercial International Bank – Egypt (CIB) have…

Daily News Egypt