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

Central Bank of Egypt governor stresses need for boosting domestic production to curb inflation

The Governor of the Central Bank of Egypt (CBE), Hassan Abdalla, is…

Daily News Egypt

NBE partners with AgroFood to finance farmers, agricultural SMEs

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

Daily News Egypt

CBE hosts inaugural meeting of African Financial Stability Report Working Group

The Central Bank of Egypt (CBE) has hosted the first official meeting…

Daily News Egypt

CBE net foreign assets climb to $10.6bn in August 2025

The Central Bank of Egypt (CBE) announced that its net foreign assets…

Hossam Mounir

Al-Sisi reviews banking sector, calls for boosting foreign reserves

President Abdel Fattah Al-Sisi reviewed the performance of Egypt’s banking sector on…

Daily News Egypt

NBE signs protocol to finance solar energy, irrigation upgrades, and land reclamation

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

Daily News Egypt

CIB completes EGP 2.3bn securitization for GlobalCorp in seventh issuance

Commercial International Bank–Egypt (CIB) has completed the seventh securitization issuance for GlobalCorp…

Daily News Egypt

CBE, banks to launch card tokenization on Android mobile apps

The Central Bank of Egypt (CBE) announced that it is working with…

Daily News Egypt

NBE raises financing for Magic Land Al Hokair’s TANZA project to EGP 1.2bn

The National Bank of Egypt (NBE) has signed an agreement to raise…

Hossam Mounir