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

Slower monetary easing to support banks’ profitability: HC

The research department of HC Securities & Investment has released its latest…

Daily News Egypt

Opinion | How are large loans granted?

There is a common, but mistaken, belief that when a bank grants…

Mohamed Abdel Aal

Banque du Caire launches three-year certificate at 17.25% monthly yield, 18-month deposit at 22%

Banque du Caire has launched a new three-year savings certificate offering a…

Daily News Egypt

CIB launches three-year certificates with competitive fixed, variable returns

The Commercial International Bank (CIB) has introduced a new suite of three-year…

Daily News Egypt

CIB completes EGP 1.307bn securitisation issuance for B.TECH

Commercial International Bank - Egypt (CIB) has completed an EGP 1.307bn securitisation…

Daily News Egypt

CBE to roll out new financial inclusion strategy by mid-year

Sherif Lokman, Deputy Governor of the Central Bank of Egypt (CBE) for…

Daily News Egypt

Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025

The Central Bank of Egypt (CBE) said banks have channelled EGP 77.2bn…

Hossam Mounir

Opinion | Reading into the Surprise Rate Increase by the National Bank of Egypt and Banque Misr

In a move reflecting clear flexibility in liquidity management, both the National…

Mohamed Abdel Aal

Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE

The Central Bank of Egypt (CBE) has reported robust growth in banks’…

Hossam Mounir

Central Bank of Egypt sets new rules for margin financing of securities purchases

The Central Bank of Egypt (CBE) has issued a comprehensive set of…

Hossam Mounir