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 issues regulations governing eKYC services to support digital banking, financial inclusion

The Central Bank of Egypt (CBE) has approved regulations governing the services…

Daily News Egypt

ADCB Egypt provides EGP 618m financing to IDG for New October industrial project

Abu Dhabi Commercial Bank (ADCB) – Egypt has signed a financing agreement…

Daily News Egypt

Yomo secures preliminary approval for digital banking licence in Egypt

Commercial International Bank – Egypt (CIB) announced that it received preliminary approval…

Daily News Egypt

CBE requires banks to integrate financial literacy into inclusion strategies

The Central Bank of Egypt (CBE) has instructed banks to incorporate financial…

Daily News Egypt

CBE expects inflation to begin gradual decline in Q1 2027

The Central Bank of Egypt (CBE) expects inflation to begin declining gradually…

Hossam Mounir

NBE, Banque Misr arrange EGP 8bn syndicated loan for Palm Hills New Cairo project

The National Bank of Egypt (NBE) and Banque Misr have arranged an…

Daily News Egypt

CBE to decide on EGP rates Thursday amid strong expectations of fourth consecutive hold

The Central Bank of Egypt's (CBE) Monetary Policy Committee will hold its…

Hossam Mounir

CBE attributes July inflation rise to unfavourable base effect

The Central Bank of Egypt (CBE) said the rise in annual urban…

Hossam Mounir

Dalia Mostafa appointed vice-chairperson, managing director of National Investment Bank

The board of directors of the National Investment Bank (NIB), chaired by…

Daily News Egypt

National Investment Bank returns to profit with EGP 6bn in FY2024/25

The National Investment Bank (NIB) announced a significant financial turnaround, recording a…

Daily News Egypt