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

Egyptian expat remittances surge to $20bn in first 7 months of FY2024/25: CBE

The Central Bank of Egypt (CBE) has announced that remittances from Egyptians…

Hossam Mounir

Egypt repays $7.95bn in external debt over three months: CBE

The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in…

Hossam Mounir

CBE to launch phase two of remittance digitization project with 12 participating banks

The Central Bank of Egypt (CBE) has announced preparations for the second…

Hossam Mounir

United Bank launches comprehensive digital services for business owners, investors

United Bank has launched an integrated suite of digital banking services and…

Daily News Egypt

ADIB joins ‘Chapter Zero Egypt’ to advance climate governance, sustainability goals

Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) has officially joined the “Chapter Zero…

Daily News Egypt

Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025

Banque Misr announced it arranged, led, and marketed six syndicated loan deals…

Daily News Egypt

Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE

The Central Bank of Egypt (CBE) announced that the total value of…

Hossam Mounir

Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive

In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…

Hossam Mounir

CBE governor meets AFI chief to discuss financial inclusion progress

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with…

Daily News Egypt

AAIB announces robust 2024 results, net profits hits $301m

A $301m net profit for 2024 has been announced by the Arab…

Daily News Egypt