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, Afreximbank sign MoU to launch pan-African Gold Bank programme in Egypt

The Central Bank of Egypt (CBE) and the African Export–Import Bank (Afreximbank)…

Hossam Mounir

CBE, EBI launch ‘Foundations of Fraud Combating’ training programme for banking employees

As part of ongoing efforts to enhance professional competencies within the banking…

Daily News Egypt

CBE’s 1% rate cut eases financing costs, boosts industry, market confidence

The Central Bank of Egypt (CBE) announced a 1% cut in its…

Daily News Egypt

Banks in Egypt record net profits of EGP 433.8bn in Q3 2025

Banks operating in the Egyptian market recorded net profits of EGP 433.772bn…

Hossam Mounir

Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments

The Egyptian market is awaiting banks’ return to business, Sunday, following the…

Hossam Mounir

United Bank ranks seventh among top low-income housing financiers in November 2025

United Bank has risen to become the seventh-largest provider of mortgage finance…

Hossam Mounir

How Should Depositors Invest Their Money After Bank Certificates Mature?

Successful investment is what allows you to sleep peacefully, knowing your money…

Mohamed Abdel Aal

1% interest-rate cut appropriate to sustain disinflation path: CBE

The Central Bank of Egypt (CBE) said a 1% cut in interest…

Hossam Mounir

Strong expectations of interest-rate cut at CBE’s year-end meeting

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

Hossam Mounir

Al-Sisi reconstitutes CBE board, renews Hassan Abdallah’s chairmanship

President Abdel Fattah Al-Sisi has issued Presidential Decree No. 733 of 2025,…

Hossam Mounir