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 banking sector NFA climb to $29.5bn in January 2026

Net foreign assets (NFA) of Egypt’s banking sector increased to $29.5bn (EGP…

Hossam Mounir

Egyptian banking syndicate signs $119.4m facility for Flex PET expansion

A syndicate of Egyptian banks has signed a long-term syndicated facility worth…

Daily News Egypt

CBE Governor reviews anti-inflation strategy with Deputy PM

Hassan Abdalla, Governor of the Central Bank of Egypt, held talks at…

Daily News Egypt

Opinion | How IMF Approval Shields Egypt’s Economy from Market Volatility

The recent approval by the Executive Board of the International Monetary Fund…

Mohamed Abdel Aal

Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services

Suez Canal Bank has signed a cooperation protocol with Alameda Healthcare Group,…

Daily News Egypt

CBE highlights strong monetary easing transmission across money, debt markets

The Central Bank of Egypt (CBE) has underscored the effective transmission of…

Hossam Mounir

CBE Governor, Planning Minister review coordination of monetary, economic policies

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

Daily News Egypt

CBE Governor, Higher Education Minister discuss banking-education cooperation

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

Daily News Egypt

Why Egypt’s 17.75% Citizen Bond bypasses banks to secure EGP 7.7tn in savings

Inside the wood-panelled Egypt Post office in downtown Cairo, the morning rush…

Daily News Egypt

Egypt’s banking sector net foreign assets surge $20.3 bn in 2025, central bank says

The Central Bank of Egypt (CBE) announced on Sunday that net foreign…

Daily News Egypt