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

ADIB-Egypt rolls out 50% cashback and zero-fee auto loans in “Summer Pros” campaign

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has introduced tiered cashback rewards…

Daily News Egypt

Suez Canal Bank reports EGP 3.63bn net profit in H1 2026

Suez Canal Bank (SCB) delivered strong financial results during the first half…

Daily News Egypt

HDB posts EGP 9.924bn net profit in H1 2026

Housing and Development Bank (HDB) delivered strong financial results during the first…

Hossam Mounir

MIDBANK launches three-year savings certificate with returns of up to 19.65%

MIDBANK has launched the "MID Plus" savings certificate, offering individuals a secure…

Daily News Egypt

Egypt’s banking sector records EGP 15.26trn in domestic liquidity during H1 2026

The Central Bank of Egypt (CBE) announced that domestic liquidity in Egypt's…

Daily News Egypt

CBE instructs banks to complete company data for National Financial Inclusion Database

The Central Bank of Egypt (CBE) has instructed banks operating in the…

Hossam Mounir

Egypt’s financial inclusion rate reaches 79%, with 56.4 million citizens holding active transaction accounts: CBE

Egypt's financial inclusion rate continued to rise, reaching 79% in June 2026,…

Hossam Mounir

CBE forms inter-ministerial working group to develop Sustainable Finance Taxonomy

The Central Bank of Egypt (CBE) has launched the preparatory process for…

Daily News Egypt

CBE, Higher Education Ministry review expansion of Future Scholars Fund ahead of 2026/27 academic year

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

Daily News Egypt

Egypt’s banking sector net foreign assets jump to $27.9bn in June

Egypt's banking sector recorded a sharp increase in net foreign assets (NFA)…

Hossam Mounir