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 poised to decide on interest rates after 525 bps cuts in 2025

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

Hossam Mounir

CBE conducts annual drill for business continuity, alternative site operations

As part of its commitment to adopting international best practices in Business…

Daily News Egypt

14 countries account for 68.3% of Egypt’s foreign trade: CBE

The Central Bank of Egypt (CBE) announced that trade exchange between Egypt…

Hossam Mounir

Balancing monetary policies supports keeping interest rates unchanged in October

Monetary policy plays a central role in steering economic performance and is…

Mohamed Abdel Aal

ABE signs protocol with Germany’s GIZ to advance sustainable financing for SMEs

The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…

Daily News Egypt

NBE signs cooperation protocol with Plan International to boost SMEs, microenterprises

The National Bank of Egypt (NBE) has signed a cooperation protocol with…

Daily News Egypt

United Bank revives 25 troubled factories across key sectors

The United Bank has announced the successful revival of 25 troubled factories…

Hossam Mounir

CBE reports EGP 40.3bn in net profit for August 2025

The Central Bank of Egypt (CBE) recorded net profits of EGP 40.346bn…

Hossam Mounir

Banks’ financial position in Egypt surges to EGP 24.023trn in June 2025: CBE

The Central Bank of Egypt (CBE) announced that the aggregate financial position…

Hossam Mounir