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

FATF recognises Egypt’s experience as model for advancing financial inclusion within AML/CFT frameworks

The Financial Action Task Force (FATF) has recognised Egypt’s pioneering experience—led by…

Daily News Egypt

HSBC named Best Cash Management Provider in Egypt by Euromoney

HSBC Egypt has been voted as the number one Best Cash Management…

Daily News Egypt

Banking alliance grants EGP 7bn loan to Sky Innovo Developments for Park St. Edition project

A consortium of leading banks has concluded a long-term syndicated loan agreement…

Daily News Egypt

S&P Global Ratings upgrade signals renewed confidence in Egypt’s economy: CBE Governor

Governor of the Central Bank of Egypt (CBE) Hassan Abdalla welcomed S&P…

Daily News Egypt

CBE, MCIT launch ‘AI for FinTech’ Hackathon under FinTech Egypt initiative

As part of the Memorandum of Understanding (MoU) signed between the Central…

Daily News Egypt

CBE Governor emphasizes ongoing coordination between monetary, fiscal policies

Hassan Abdallah, Governor of the Central Bank of Egypt (CBE), has reaffirmed…

Daily News Egypt

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