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

Suez Canal Bank partners with IFC to boost SME financing, advance financial inclusion in Egypt

The International Finance Corporation (IFC) announced on Tuesday a $50m financing package…

Daily News Egypt

EFG Holding completes EGP 4.2bn capital increase at Bank NXT

EFG Holding announced on Monday the completion of a capital increase at…

Daily News Egypt

CBE launches 3rd FinTech Got Talent competition

In line with the Central Bank of Egypt’s (CBE) commitment to empowering…

Daily News Egypt

Egyptian banking system’s NFAs rise by $3bn to $17.9bn in August 2025: CBE

The Central Bank of Egypt (CBE) announced that the banking system’s net…

Hossam Mounir

NBE, ADI Finance ink agreement to expand Sharia-compliant financing solutions

The National Bank of Egypt (NBE) has signed a financing agreement with…

Daily News Egypt

NBE reports EGP 166.9bn in profits for H1 2025

The National Bank of Egypt (NBE) announced that its profits reached EGP…

Daily News Egypt

CBE projects inflation to average 10.5% in 2026 as economic recovery gains momentum

The Central Bank of Egypt (CBE) has projected a continued decline in…

Hossam Mounir

CBE governor attends graduation ceremony of Future Leaders programme at EBI

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE) and Chairperson…

Daily News Egypt

Egypt’s external debt rises to $161.2bn in June 2025: CBE

The Central Bank of Egypt (CBE) announced that the country’s total external…

Daily News Egypt

Banque Misr joins “Open Your Account in Egypt” initiative for expatriate Egyptians

Banque Misr has signed a cooperation protocol with the Ministry of Foreign…

Daily News Egypt