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 sets governance, fit criteria for payment sector officials

The Central Bank of Egypt (CBE) has introduced new governance and internal…

Hossam Mounir

Market awaits repercussions of 2% rate cut on savings, loans, and debt instruments

The banking sector and wider financial markets are bracing for the impact…

Hossam Mounir

CBE projects inflation to ease to 14–15% in 2025

The Central Bank of Egypt (CBE) expects headline inflation to decline to…

Hossam Mounir

After recent 2% rate cut, CBE signals shift in monetary policy

This year marks a significant shift in the Central Bank of Egypt’s…

Hossam Mounir

CBE net profit surges to EGP 77.5bn in June 2025

The Central Bank of Egypt (CBE) reported a sharp rise in profitability,…

Hossam Mounir

CBE poised for rate cut as inflation cools, growth needs rise

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

Hossam Mounir

ADIB Egypt partners with EHA to drive investment in health sector

Mohamed Ali, CEO and Managing Director of Abu Dhabi Islamic Bank (ADIB)…

Daily News Egypt

ABK-Egypt renews bancassurance partnership with MetLife for seven years

Al-Ahli Bank of Kuwait – Egypt (ABK-Egypt) announced on Sunday the renewal…

Daily News Egypt

Saib signs EGP 4.8bn financing deal for ‘Taj Tower’ in New Capital

Saib Bank has signed a medium-term financing agreement with the Egyptian International…

Daily News Egypt

Egypt’s Islamic banking market reaches EGP 1.303trn in June 2025

Egypt's Islamic banking sector has seen significant growth, with total market size…

Hossam Mounir