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

Dalia El Baz appointed chairperson of Egypt Post

Dalia El-Baz, former deputy chairperson of the National Bank of Egypt, has…

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Egyptian banking sector shows strong financial indicators, surpassing regulatory benchmarks: CBE

A financial stability report issued by the Central Bank of Egypt revealed…

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EBI highlights strong achievements in FY 2023/24, expanding reach across Africa

The Egyptian Banking Institute (EBI), the official training arm of the Central…

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CBE reports $9.7bn BoP surplus for FY 2023/24

Despite the current economic and political challenges on the global front, the…

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Egypt hosts 48th meeting of Arab Central Banks and Monetary Authorities’ Governors

The Central Bank of Egypt (CBE) hosted the 48th ordinary session of…

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Egyptian, Tunisian central banks sign MoU to boost banking cooperation

The Central Bank of Egypt (CBE) and the Central Bank of Tunisia…

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aiBANK rebrands as Bank NXT: Focused on empowering clients’ financial future

aiBANK has announced a comprehensive rebranding, unveiling its new brand name and…

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Central Bank of Egypt to launch investment guarantee agency for Africa Tuesday

The Central Bank of Egypt (CBE) will launch an investment guarantee agency…

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Islamic banking in Egyptian market hits EGP 737bn in June 2024

A recent report by the Egyptian Islamic Finance Association (EIFA) highlights the…

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Financial position of banks operating in Egypt soars to EGP 19.336trn in mid-2024: CBE

The Central Bank of Egypt (CBE) has reported a significant rise in…

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