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

How Should Depositors Invest Their Money After Bank Certificates Mature?

Successful investment is what allows you to sleep peacefully, knowing your money…

Mohamed Abdel Aal

1% interest-rate cut appropriate to sustain disinflation path: CBE

The Central Bank of Egypt (CBE) said a 1% cut in interest…

Hossam Mounir

Strong expectations of interest-rate cut at CBE’s year-end meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

Al-Sisi reconstitutes CBE board, renews Hassan Abdallah’s chairmanship

President Abdel Fattah Al-Sisi has issued Presidential Decree No. 733 of 2025,…

Hossam Mounir

CBE hosts Bank of Tanzania delegation for business continuity management exchange

In line with its commitment to strengthening cooperation with African central banks,…

Daily News Egypt

Remittances from Egyptians abroad hit $33.9bn in 10M of 2025: CBE

Remittances from Egyptians working abroad recorded unprecedented inflows during the first 10…

Hossam Mounir

CBE hosts seminar on regulatory developments with African central banks

The Central Bank of Egypt (CBE) recently organized a seminar on “Current…

Daily News Egypt

Egypt’s urban inflation eases to 12.3% in November as food price pressures subside: CBE

Annual urban headline inflation in Egypt eased slightly to 12.3% in November…

Hossam Mounir

CIB-Egypt reinforces commitment to developing banking capabilities across Africa

Commercial International Bank - Egypt (CIB), the largest private-sector bank in Egypt,…

Daily News Egypt

Banking sector will spare no effort to support Fund for Honouring Martyrs: CBE Governor

The Governor of the Central Bank of Egypt (CBE), Hassan Abdalla, affirmed…

Daily News Egypt