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

aiBANK launches campaign to finance SMEs with EGP 10m

This campaign is in line with the Egyptian Government and the Central…

Daily News Egypt

CBE sets controls for financial derivatives at banks

Banks present their plans to operate in derivatives market

Hossam Mounir

CBE justifies complete liberalisation of EGP’s exchange rate

These measures aim to ensure macroeconomic stability and achieve sustainable, comprehensive economic…

Hossam Mounir

CBE issues regulatory controls for forward exchange contracts at banks

The Central Bank of Egypt (CBE) issued on Thursday the regulations of…

Daily News Egypt

CIB participates in 3rd World Conference on Mediterranean Diet

The conference was held under the patronage of Italy's Ministry of Foreign…

Daily News Egypt

NBE offers 3-year savings certificate with annual return of 17.25%

The bank issued another 3-year certificate with annual return of 16.25%, which…

Daily News Egypt

115% growth in financial inclusion over past 6 years: Bassiouny

Number of women who own bank accounts increases to 16 million in…

Hossam Mounir

Banks operating in Egypt spend EGP 882.9m in CSR during 1H 2022: CBE advisor

Banking sector is major supporter of all state-initiated social, development initiatives

Hossam Mounir

CIB hosts workshop for Egypt’s textile leaders

CIB’s ‘Sustaining Sectors’ programme is part of Bank’s ongoing mission to promote…

Daily News Egypt

CBE governor to review Egypt’s monetary policies in light of global developments 

Review to take place during third session of Egyptian Economic Conference

Hossam Mounir