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

HDB’s 2025-2030 strategy: Strong financial performance, digital transformation, and sustainable growth: Ghanem

Building on a trajectory of growth and leadership, steadily and through successive…

Hossam Mounir

We remain at centre of Egypt’s most significant transactions across multiple fronts: HSBC Egypt CEO

In this exclusive interview with Daily News Egypt, Todd Wilcox, CEO and…

Hossam Mounir

Market awaits impact of 1% rate cut on savings, loans, and government debt

The Egyptian market is awaiting banks’ return to work on Sunday to…

Daily News Egypt

Strong expectations of 1-2% cut in EGP interest rates at CBE’s first meeting of 2026

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

Hossam Mounir

CIB reports EGP 117bn in consolidated revenue, EGP 82.2bn net income in FY2025

Commercial International Bank-Egypt (CIB) on Tuesday reported consolidated net income of EGP…

Hossam Mounir

CBE’s role is not to push currency up or down: Governor

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in…

Daily News Egypt

MSMEDA signs EGP 500m funding agreement with Suez Canal Bank

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a…

Daily News Egypt

CIB provides $72m financing to Paradise to build region’s largest eco-friendly fabric plant

Commercial International Bank–Egypt (CIB) has signed a partnership and financing agreement with…

Daily News Egypt

MARAKEZ secures EGP 3bn credit facility from Banque Misr

Banque Misr has signed a medium-term loan agreement with MARAKEZ, one of…

Daily News Egypt

CIB backs Elsewedy Electric’s first European expansion with €58m financing for Hungary power project

The Commercial International Bank Egypt (CIB) has signed a financing and partnership…

Daily News Egypt