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

HSBC Egypt, EBCC and UK Export Finance host high-level Investment, Infrastructure Forum in Cairo

HSBC Egypt, in collaboration with the Egyptian-British Chamber of Commerce (EBCC) and…

Daily News Egypt

Egyptian expat remittances surge to $29.4bn in 10M of FY 2024/25: CBE

Remittances from Egyptians working abroad recorded a historic increase in the first…

Hossam Mounir

Union of Arab Banks names Hassan Abdalla ‘Governor of Year 2025’

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

Daily News Egypt

United Bank rises to 7th among Egypt’s mortgage lenders with EGP 3.2bn portfolio

Ashraf El-Kady, Chairperson of United Bank, announced that the bank’s mortgage finance…

Daily News Egypt

CBE issues new licensing framework for electronic payment service providers

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

Hossam Mounir

CIB signs strategic partnership with Food Export Council

The Commercial International Bank – Egypt (CIB), the country’s largest private-sector bank,…

Daily News Egypt

Banks in Egypt report EGP 152.8bn in net profits for Q1 2025: CBE

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

Hossam Mounir

CBE Deputy Governor attends ceremony appointing DPI as new manager of ‘Nclude’

As part of ongoing efforts to support fintech innovation, drive digital transformation,…

Daily News Egypt

Why has Egyptian state allocated land to Ministry of Finance?

President Abdel Fattah Al-Sisi has issued Presidential Decree No. 303 of 2028,…

Mohamed Abdel Aal

Financial position of banks in Egypt rises to EGP 22.039trn in February 2025

The Central Bank of Egypt (CBE) has reported that the consolidated financial…

Hossam Mounir