Latest Banking News
Foreign assets in Egypt’s banking sector climb to $18.5bn in July 2025
The Central Bank of Egypt (CBE) has reported a sharp rise in…
IDB signs EGP 1.13bn credit facility agreement with Raya
The Industrial Development Bank (IDB) has signed a credit facility agreement worth…
Egypt’s net international reserves rise to $49.25bn in August: CBE
The Central Bank of Egypt (CBE) announced on Sunday that the country’s…
Should Egypt aim for stronger EGP or focus on sustaining foreign currency inflows?
In April, the Egyptian pound lost a significant portion of its value,…
CBE reports surge in financial inclusion, reaching 76.3% by June 2025
The Central Bank of Egypt (CBE) has announced a notable rise in…
CBE expands banking reach with new service unit regulations
The Central Bank of Egypt (CBE) has issued new regulations permitting banks…
United Bank unveils new strategic vision focused on innovation, sustainable growth: CEO
Tarek Fayed, CEO and Managing Director of United Bank, has revealed the…
CBE sets governance, fit criteria for payment sector officials
The Central Bank of Egypt (CBE) has introduced new governance and internal…
Market awaits repercussions of 2% rate cut on savings, loans, and debt instruments
The banking sector and wider financial markets are bracing for the impact…
CBE projects inflation to ease to 14–15% in 2025
The Central Bank of Egypt (CBE) expects headline inflation to decline to…