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

Suez Canal Bank opens its 53rd branch in Menoufeya’s Shibin El-Kom

Suez Canal Bank inaugurated its latest branch in Shibin El-Kom, Menoufeya to…

Daily News Egypt

ABE injects EGP 39.8bn into small, micro-enterprises in September

The Agricultural Bank of Egypt (ABE) concluded the third quarter of this…

Hossam Mounir

HDB participates in granting joint financing worth EGP 4.4bn for Saudi Egyptian Developers

The Housing and Development Bank (HDB) participated in a banking alliance to…

Hossam Mounir

Egypt’s net international reserves increase to $46.941bn in October: CBE

The Central Bank of Egypt (CBE) reported an increase in net international…

Hossam Mounir

CBE conducts training programme for calibres from Djibouti’s central bank

The Central Bank of Egypt (CBE) conducted a training programme for calibres…

Daily News Egypt

CBE receives 28 offers worth €922.8m to cover local euro-denominated T-bills issuance

The Central Bank of Egypt (CBE) received 28 offers worth €922.8m to…

Hossam Mounir

CIB reports Q3 standalone revenues of EGP 25.2bn

The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone…

Daily News Egypt

Banque Misr considers launching new mortgage funds

Hassan Samir, Head of Real Estate Investment and Development at Banque Misr,…

Daily News Egypt

Banks’ commitment to foreign currency requirements for import

Through its distinguished monetary policy and wise decisions, the Central Bank of…

Mohamed Abdel Aal

Agricultural Bank’s loan portfolio increases to EGP 80.3bn in Q3 2024

The Agricultural Bank of Egypt (ABE) concluded the third quarter (Q3) of…

Daily News Egypt