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

AAIB Recognized Among Forbes’ World’s Top Performing Banks 2026

Arab African International Bank (AAIB) has been recognized among Forbes’ World’s Top…

Daily News Egypt

CBE Governor calls for stronger African financial integration, local currency trade

Central Bank of Egypt (CBE) Governor Hassan Abdalla participated as a keynote…

Daily News Egypt

CBE Leads Shift in Approach to Industrial Distress

The launch of the Distressed Factories Restructuring Fund, with total capital of…

Shaimaa wagih

Distressed Factories Restructuring Fund: A New Lifeline for Production

In a strategic step reflecting tangible integration between monetary and industrial policies,…

Mohamed Abdel Aal

Bank financing for small enterprises reaches EGP 301bn: CBE Deputy Governor

Tarek El-Kholy, Deputy Governor of the Central Bank of Egypt (CBE), said…

Daily News Egypt

UAE and Egypt renew currency swap agreement worth AED 5bn

The Central Bank of the UAE and the Central Bank of Egypt…

Daily News Egypt

Bank NXT signs EGP 2.1bn credit facility with Ezz Elarab Elsewedy for automotive expansion

Bank NXT has signed an EGP 2.1bn credit facility agreement with Ezz…

Daily News Egypt

PM Madbouly, CBE governor discuss measures to strengthen financial, monetary stability

Prime Minister Mostafa Madbouly met on Sunday with Central Bank of Egypt…

Daily News Egypt

Banks operating in Egypt post EGP 373.133bn net profit in H1 2026: CBE

Banks operating in the Egyptian market recorded net profits of EGP 373.133bn…

Hossam Mounir

ABE financing grows 25% in six months, loan portfolio exceeds EGP 110bn: CEO

Mohamed Abu El-Saud, CEO of the Agricultural Bank of Egypt (ABE), said…

Daily News Egypt