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

Egypt’s Banque du Caire debuts on EGX after largest IPO in market history

Shares of Banque du Caire (BDC) began trading on the Egyptian Exchange…

Daily News Egypt

IFC invests $100m in Banque du Caire IPO to boost business financing in Egypt

The International Finance Corporation (IFC), the private sector arm of the World…

Daily News Egypt

Banks to review savings, lending rates following CBE’s 1% rate hike

Banks operating in the Egyptian market will begin reviewing interest rates on…

Hossam Mounir

Federation of Egyptian Banks explores ways to expand financial inclusion, banking access

The Financial Inclusion Committee of the Federation of Egyptian Banks (FEB) has…

Daily News Egypt

CBE rate hike aims to sustain disinflation, ensure 2027 inflation target is met

The Central Bank of Egypt (CBE) said its decision to raise interest…

Hossam Mounir

CBE expected to hold interest rates for sixth consecutive meeting

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold…

Hossam Mounir

AAIB Wins Banking In-House Team of the Year at the Legal Era Middle East Law Awards 2025–2026

Arab African International Bank (AAIB) has won the Banking In-House Team of…

Daily News Egypt

AAIB named Banking In-House Team of the Year at Legal Era Middle East Law Awards

Arab African International Bank (AAIB) has won the Banking In-House Team of…

Daily News Egypt

CBE, EIB discuss future cooperation, sustainable finance

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

Daily News Egypt

MIDBANK secures FRA approval to establish digital finance company for SMEs

MIDBANK has received approval from the Financial Regulatory Authority (FRA) to establish…

Daily News Egypt