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 decide on interest rates amid strong market expectations of hold

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

Hossam Mounir

CBE temporarily raises daily withdrawal limit to EGP 500,000, extends bank hours amid telecom disruptions

The Central Bank of Egypt (CBE) has announced a temporary increase in…

Daily News Egypt

Egypt’s net international reserves rise to $48.7bn in June 2025

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

Hossam Mounir

CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan

The Commercial International Bank (CIB) Egypt has signed a mid-term financing agreement…

Daily News Egypt

CBE instructs banks to support exporters in meeting global environmental standards

The Central Bank of Egypt (CBE) has issued a directive requiring banks…

Daily News Egypt

NDB expands to 11 members, raises $16.1bn in 2024, says Rousseff

The New Development Bank (NDB) has approved Colombia and Uzbekistan as new…

Daily News Egypt

CBE hosts regional training on stress testing for COMESA central banks

In line with presidential directives to strengthen Egyptian-African integration, and as part…

Daily News Egypt

Industrial Development Bank posts EGP 1.7bn in pre-provision profits for 2024

The Ordinary and Extraordinary General Assemblies of the Industrial Development Bank (IDB)…

Hossam Mounir

ADIB Egypt publishes second sustainability report for 2024

In a move that reaffirms its leadership in sustainable Islamic banking, Abu…

Daily News Egypt

CBE governor represents Egypt at Afreximbank’s 2025 annual meetings in Nigeria

On behalf of President Abdel Fattah Al-Sisi, Central Bank of Egypt (CBE)…

Daily News Egypt