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

Egypt’s net international reserves rise by $4.3bn in 2025

Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn…

Hossam Mounir

Banking sector’s net foreign assets rise to $23.73bn in November 2025: CBE

The Central Bank of Egypt (CBE) reported that the net foreign assets…

Hossam Mounir

Banque Misr posts EGP 68.35bn in net profits during M9 2025

Banque Misr reported net profits of EGP 68.353bn during the first nine…

Daily News Egypt

Banks’ aggregate financial position in Egypt rises to EGP 25.37trn in September 2025

The Central Bank of Egypt (CBE) said the aggregate financial position of…

Hossam Mounir

CBE, Afreximbank sign MoU to launch pan-African Gold Bank programme in Egypt

The Central Bank of Egypt (CBE) and the African Export–Import Bank (Afreximbank)…

Hossam Mounir

CBE, EBI launch ‘Foundations of Fraud Combating’ training programme for banking employees

As part of ongoing efforts to enhance professional competencies within the banking…

Daily News Egypt

CBE’s 1% rate cut eases financing costs, boosts industry, market confidence

The Central Bank of Egypt (CBE) announced a 1% cut in its…

Daily News Egypt

Banks in Egypt record net profits of EGP 433.8bn in Q3 2025

Banks operating in the Egyptian market recorded net profits of EGP 433.772bn…

Hossam Mounir

Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments

The Egyptian market is awaiting banks’ return to business, Sunday, following the…

Hossam Mounir

United Bank ranks seventh among top low-income housing financiers in November 2025

United Bank has risen to become the seventh-largest provider of mortgage finance…

Hossam Mounir