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

Islamic banking turnover in Egypt reaches EGP 701bn in March 2024

Faisal Islamic Bank of Egypt ranks first among Islamic banks in Egypt…

Hossam Mounir Hossam Mounir

What did CBE do to reduce and stabilise prices?

CBE plays defining role in stabilising markets, lowering prices, and curbing inflation

Mohamed Abdel Aal Mohamed Abdel Aal

Financial position of banks in Egypt increases to EGP 15.429trn in February 2024: CBE

Customer deposits in banks jump to EGP 10.617trn, credit facilities rise to…

Hossam Mounir Hossam Mounir

HSBC named Egypt’s Best Bank for Diversity, Inclusion by Euromoney

HSBC has earned the prestigious title of Best Bank for Diversity and…

Daily News Egypt Daily News Egypt

Egypt’s top 100 borrowers hold EGP 821bn in credit facilities: CBE

Construction sector leads with a 22.2% share of total facilities

Hossam Mounir Hossam Mounir

CBE welcomes Kenyan delegation to discuss instant payment innovations

In a move that underscores Egypt’s dedication to fostering cooperation with African…

Daily News Egypt Daily News Egypt

Advancements in ESG standards integration within banking sector: CBE’s Sub Governor

CBE’s inclusion in Network for Greening Financial System: Testament to banking sector’s…

Hossam Mounir Hossam Mounir

Banque du Caire reports 129% net profit growth in Q1 2024, reaching EGP 2.4bn

Banque du Caire achieved remarkable growth in net profits during the first…

Daily News Egypt Daily News Egypt