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 annual urban inflation slows to 13.9% in September 2026: CBE

Annual urban headline inflation decelerated to 13.9% in September 2026, down from…

Hossam Mounir

Egypt’s financial regulator approves Banque Du Caire IPO prospectus for 30% stake worth up to EGP 24.25bn

Egypt's Financial Regulatory Authority (FRA) on Sunday approved the prospectus for the…

Daily News Egypt

Suez Canal Bank launches SCB Business mobile banking app for businesses

Suez Canal Bank has launched its “SCB Business” mobile banking app, designed…

Daily News Egypt

CIB signs cooperation protocol with Justice Ministry to offer notarisation services at branches

The Ministry of Justice and Commercial International Bank – Egypt (CIB) have…

Daily News Egypt

Egyptian banking sector demonstrates strong financial resilience, ability to withstand shocks: CBE

The Central Bank of Egypt (CBE) said the Egyptian banking sector had…

Hossam Mounir

Remittances from Egyptians abroad rise 27.2% to $33.9bn in 8M 2026: CBE

Remittances from Egyptians working abroad rose by 27.2% during the first eight…

Hossam Mounir

Government, CBE coordinate fiscal, monetary policies to curb inflation, reduce debt: Minister

Planning and Economic Development Minister Ahmed Rostom said the government, with the…

Daily News Egypt

Banque Misr extends EGP 10bn financing to Founders Real Estate Marketing

Prime Minister Mostafa Madbouly witnessed the signing on Monday of financing agreements…

Daily News Egypt

Banque du Caire to list 30% stake in upcoming Egyptian Exchange IPO

Egypt's Banque du Caire announced on Sunday its intention to float 30%…

Daily News Egypt

Egypt’s annual urban inflation eases to 13.9% in September

Egypt’s annual urban inflation rate fell to 13.9% in September, down from…

Hossam Mounir