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

S&P Global Ratings upgrade signals renewed confidence in Egypt’s economy: CBE Governor

Governor of the Central Bank of Egypt (CBE) Hassan Abdalla welcomed S&P…

Daily News Egypt

CBE, MCIT launch ‘AI for FinTech’ Hackathon under FinTech Egypt initiative

As part of the Memorandum of Understanding (MoU) signed between the Central…

Daily News Egypt

CBE Governor emphasizes ongoing coordination between monetary, fiscal policies

Hassan Abdallah, Governor of the Central Bank of Egypt (CBE), has reaffirmed…

Daily News Egypt

CBE launches Banking Reform, Development Fund

As part of its ongoing efforts to advance Egypt’s banking sector in…

Daily News Egypt

saib participates in EGP 2.1bn syndicated loan for Tameer Developments’ Azad Views project

Saib Bank has joined a consortium of banks to arrange and underwrite…

Daily News Egypt

Egypt’s balance of payments shows positive trends in FY 2024/25: CBE

Egypt’s balance of payments reflected broadly positive trends during fiscal year (FY)…

Daily News Egypt

CIB, CI Capital complete EGP 3.4bn securitisation bond issuance for Halan

The Commercial International Bank (CIB), in collaboration with CI Capital Investment Banking,…

Daily News Egypt

Egypt’s international reserves climb to $49.53bn in September: CBE

The Central Bank of Egypt (CBE) announced on Monday that the country’s…

Hossam Mounir

Market eyes impact of CBE’s 1% rate cut on yields of savings products, loans, and government debt

The market is preparing for the reopening of banks on Sunday, following…

Hossam Mounir