Latest Banking News
CBE, Agriculture Ministry to expand Aswan smallholder project with EGP 120m phase
A joint development project in Aswan has expanded into a second phase…
The Egyptian Pound in 2026: A Delicate Balance between Support and Resistance
The outlook for the Egyptian pound in 2026 is shaped by a…
Banking sector’s local liquidity rises to EGP 13.85trn in November 2025
The Central Bank of Egypt (CBE) reported an increase in local liquidity…
Egypt’s net international reserves rise by $4.3bn in 2025
Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn…
Banking sector’s net foreign assets rise to $23.73bn in November 2025: CBE
The Central Bank of Egypt (CBE) reported that the net foreign assets…
Banque Misr posts EGP 68.35bn in net profits during M9 2025
Banque Misr reported net profits of EGP 68.353bn during the first nine…
Banks’ aggregate financial position in Egypt rises to EGP 25.37trn in September 2025
The Central Bank of Egypt (CBE) said the aggregate financial position of…
CBE, Afreximbank sign MoU to launch pan-African Gold Bank programme in Egypt
The Central Bank of Egypt (CBE) and the African Export–Import Bank (Afreximbank)…
CBE, EBI launch ‘Foundations of Fraud Combating’ training programme for banking employees
As part of ongoing efforts to enhance professional competencies within the banking…
CBE’s 1% rate cut eases financing costs, boosts industry, market confidence
The Central Bank of Egypt (CBE) announced a 1% cut in its…