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 to launch phase two of remittance digitization project with 12 participating banks

The Central Bank of Egypt (CBE) has announced preparations for the second…

Hossam Mounir

United Bank launches comprehensive digital services for business owners, investors

United Bank has launched an integrated suite of digital banking services and…

Daily News Egypt

ADIB joins ‘Chapter Zero Egypt’ to advance climate governance, sustainability goals

Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) has officially joined the “Chapter Zero…

Daily News Egypt

Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025

Banque Misr announced it arranged, led, and marketed six syndicated loan deals…

Daily News Egypt

Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE

The Central Bank of Egypt (CBE) announced that the total value of…

Hossam Mounir

Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive

In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…

Hossam Mounir

CBE governor meets AFI chief to discuss financial inclusion progress

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with…

Daily News Egypt

AAIB announces robust 2024 results, net profits hits $301m

A $301m net profit for 2024 has been announced by the Arab…

Daily News Egypt

Egypt’s net international reserves climb to $47.76bn in March 2025: CBE

Egypt’s net international reserves rose to $47.757bn in March 2025, up from…

Hossam Mounir

United Bank approves 2024 financial statements, reviews growth, expansion plans

United Bank held its General Assembly meeting under the chairmanship of Omar…

Daily News Egypt