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

AI-driven transformation demands secure digital infrastructure, modern legislation: CBE governor

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), said that…

Daily News Egypt

Opinion | Is now the right time to cut reserve requirements?

The reserve requirement is one of the central monetary-policy instruments used by…

Mohamed Abdel Aal

saib Bank signs EGP 1.5bn mortgage-finance protocol with Social Housing Fund

saib Bank has signed a cooperation protocol with the Social Housing and…

Hossam Mounir

Egypt’s external debt reaches $161.2bn in June 2025: CBE

Egypt’s external debt rose to $161.2bn in June 2025, marking an increase…

Daily News Egypt

EBRD, National Bank of Egypt sign $100m facility to support small businesses

The European Bank for Reconstruction and Development (EBRD) has signed a $100m…

Daily News Egypt

Egypt’s net international reserves rise to $50.215bn in November

The Central Bank of Egypt (CBE) announced that the country’s net international…

Hossam Mounir

Local liquidity in banking sector rises to EGP 13.68trn in October 2025

The Central Bank of Egypt (CBE) has reported an increase in total…

Hossam Mounir

United Bank to roll out specialised healthcare financing packages, including green financing: Kashmiry

Nevine Kashmiry, Deputy Managing Director for Business Sectors at United Bank, announced…

Daily News Egypt

HDB deepens green, sustainable finance leadership through new partnership with Frankfurt School

The Housing and Development Bank (HDB) has signed a Memorandum of Understanding…

Daily News Egypt

Social Housing Fund doubles CIB’s mortgage finance allocation to EGP 12bn

The Social Housing and Mortgage Finance Fund has signed a cooperation protocol…

Hossam Mounir