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

CBE underscores banking sector resilience as financial soundness indicators exceed regulatory thresholds

The Central Bank of Egypt (CBE) affirmed the continued robustness of Egypt’s…

Hossam Mounir

HSBC Egypt hosts third China Corridor Forum to strengthen bilateral trade, investment

For the third consecutive year, HSBC Egypt has hosted its China Corridor…

Daily News Egypt

Standard Bank to launch representative office in Egypt on 12 November

Standard Bank Group, Africa’s largest financial institution by assets, announced that it…

Hossam Mounir

NBE grants Ora Developers Egypt EGP 3bn long-term financing for Solana West project

The National Bank of Egypt (NBE) has signed a long-term financing agreement…

Hossam Mounir

CIB reports record EGP 28.8bn net income for Q3 2025; nine-month profits surge 47% to EGP 62.1bn

Commercial International Bank (CIB) announced Tuesday a consolidated net income of EGP…

Hossam Mounir

Egypt’s Banque Misr expands into East Africa with new Djibouti subsidiary

Banque Misr has officially inaugurated Banque Misr Djibouti, marking its first Egyptian…

Daily News Egypt

Suez Canal Bank partners with IFC to boost SME financing, advance financial inclusion in Egypt

The International Finance Corporation (IFC) announced on Tuesday a $50m financing package…

Daily News Egypt

EFG Holding completes EGP 4.2bn capital increase at Bank NXT

EFG Holding announced on Monday the completion of a capital increase at…

Daily News Egypt

CBE launches 3rd FinTech Got Talent competition

In line with the Central Bank of Egypt’s (CBE) commitment to empowering…

Daily News Egypt