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

HDB launches pilot phase of new digital platform for booking NUCA projects

The Housing and Development Bank (HDB) has announced the launch of the…

Daily News Egypt

ABE hosts South African trade union delegation to boost cooperation

Mohamed Abou El-Soud, CEO of the Agricultural Bank of Egypt (ABE), has…

Hossam Mounir

NBE signs $50m agreement with Arab Fund to boost MSME financing

The National Bank of Egypt (NBE) has signed a $50m financing agreement…

Hossam Mounir

NBE, Banque Misr report EGP 6bn capital gains from joint land sales, eye further EGP 1bn from upcoming auctions

Ahmed El-Saeed, Executive Head of Investments and Trust Funds at the National…

Hossam Mounir

CIB reports Q2 2025 consolidated revenue of EGP 27.8bn

Commercial International Bank (CIB) reported second-quarter (Q2) 2025 consolidated net income of…

Daily News Egypt

CIB completes fifth securitisation issuance for B.TECH worth EGP 859.4m

Commercial International Bank (CIB) – Egypt, the country’s largest private-sector bank, has…

Daily News Egypt

Abdalla leads Egypt’s delegation at G20 Finance Ministers & Central Bank Governors Meeting in South Africa

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed Egypt’s…

Daily News Egypt

Suez Canal Bank partners with CRIF Egypt to advance sustainability through Synesgy

Suez Canal Bank has signed a cooperation protocol with CRIF Egypt to…

Daily News Egypt

ABE signs cooperation protocol to finance beneficiaries of state-owned lands in Minya

Mohamed Abou El-Soud, CEO of the Agricultural Bank of Egypt (ABE), met…

Daily News Egypt

Annual urban headline inflation eases to 14.9% in June 2025, down from 16.8% in May: CBE

Annual urban headline inflation eased to 14.9% in June 2025, compared to…

Hossam Mounir