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

Saib reopens Mansoura branch after comprehensive renovation

Saib has announced the reopening of its Mansoura branch in Dakahleya, following…

Daily News Egypt

Egypt participates in permanent bureau meeting of Arab Central Bank Governors in Abu Dhabi

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), took part…

Daily News Egypt

CBE governor signs MoU with People’s Bank of China to deepen financial cooperation

In a significant move to bolster banking and financial ties between Egypt…

Daily News Egypt

Cash, technology, and the quest for balance: Why going fully offline is not the answer

In today’s fast-paced digital world, electronic payments and digital banking have become…

Mohamed Abdel Aal

HDB expands national footprint with ‘Acacia’ branch in New Cairo

The Housing and Development Bank (HDB) has inaugurated its latest branch, “Acacia,”…

Daily News Egypt

Egypt’s banking sector liquidity rises to EGP 12.8trn in May 2025

The Central Bank of Egypt (CBE) has reported that total liquidity in…

Hossam Mounir

CBE expects inflation to stabilise in 2025 before gradually declining in 2026

The Central Bank of Egypt (CBE) expects annual headline inflation to remain…

Hossam Mounir

CBE to decide on interest rates amid strong market expectations of hold

The Central Bank of Egypt’s Monetary Policy Committee (MPC) will hold its…

Hossam Mounir

CBE temporarily raises daily withdrawal limit to EGP 500,000, extends bank hours amid telecom disruptions

The Central Bank of Egypt (CBE) has announced a temporary increase in…

Daily News Egypt

Egypt’s net international reserves rise to $48.7bn in June 2025

The Central Bank of Egypt (CBE) announced that the country’s net international…

Hossam Mounir