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 launches Banking Reform, Development Fund

As part of its ongoing efforts to advance Egypt’s banking sector in…

Daily News Egypt

saib participates in EGP 2.1bn syndicated loan for Tameer Developments’ Azad Views project

Saib Bank has joined a consortium of banks to arrange and underwrite…

Daily News Egypt

NBE joins capital increase of Arab API to establish Egypt’s first multi-purpose pharmaceutical raw materials plant

The National Bank of Egypt (NBE) has signed an agreement to participate…

Daily News Egypt

Egypt’s balance of payments shows positive trends in FY 2024/25: CBE

Egypt’s balance of payments reflected broadly positive trends during fiscal year (FY)…

Daily News Egypt

CIB, CI Capital complete EGP 3.4bn securitisation bond issuance for Halan

The Commercial International Bank (CIB), in collaboration with CI Capital Investment Banking,…

Daily News Egypt

Egypt’s international reserves climb to $49.53bn in September: CBE

The Central Bank of Egypt (CBE) announced on Monday that the country’s…

Hossam Mounir

Market eyes impact of CBE’s 1% rate cut on yields of savings products, loans, and government debt

The market is preparing for the reopening of banks on Sunday, following…

Hossam Mounir

Foreign assets in Egypt’s banking sector record $17.88bn in August 2025

The Central Bank of Egypt (CBE) has reported that net foreign assets…

Hossam Mounir

Inflation expectations still face upside risks domestically, globally: CBE

The Central Bank of Egypt (CBE) has stated that inflation expectations remain…

Hossam Mounir

CBE hosts conference of Mediterranean central banks in Cairo

The Central Bank of Egypt (CBE) on Wednesday hosted the 9th Annual…

Daily News Egypt