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

CIB reports 3Q 2023 consolidated net income of EGP 8.35bn

CIB’s 3Q 2023 standalone net interest income records EGP 37.6bn, increasing by…

Hossam Mounir

Egypt’s international reserves increase by $131m in October: CBE

The Central Bank of Egypt (CBE) reported on Sunday that its international…

Hossam Mounir

We will use all monetary policy tools to achieve inflation targets: CBE

CBE sets its inflation targets at 7% (±2%) on average in Q4…

Hossam Mounir

CBE reports key bank performance indicators as of July 2023

Financial position of banks breaks barrier of EGP 14trn 

Hossam Mounir

aiBANK named “Fastest Growing Bank in the Arab Region” by World Union of Arab Bankers

aiBANK, a renowned provider of comprehensive retail, corporate, and banking solutions in…

Daily News Egypt

CEO of Housing & Development Bank reveals EGP 2.556bn plan for sustainable financing in 2023

Bank supports green economy and sustainable development in Egypt

Hossam Mounir

EGP 3.671trn increase in total financial position of banks in 2022/23: CBE

Total financial position of banks operating in Egypt rises to EGP 13.798trn…

Hossam Mounir

How banking sector supports sustainable development, green economy: Bank leaders

The People and Banks Conference, held on Wednesday under the title “The…

Hossam Mounir

New CBE regulations to facilitate credit card use for Egyptians traveling abroad

Cards were misused through cash withdrawals from abroad without individuals actually traveling

Hossam Mounir

ABE reveals key features of bank’s financing structure until end of September 2023

Bank injected EGP 45.025bn worth of financing to SMES, accounting for 64%…

Hossam Mounir