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

Banque Misr partners with MSMEDA in EGP 200m agreement to bolster small enterprises, expand working capital

Ahmed Eissa, Executive Vice President of Banque Misr, has signed a landmark…

Daily News Egypt

HSBC introduces pioneering liquidity solution for Middle East corporates, advancing real-time treasury management

HSBC has unveiled an innovative cash concentration solution designed to help corporate…

Daily News Egypt

Egyptian banks report record profits of EGP 534.8bn in 2024

Banks operating in the Egyptian market recorded net profits of EGP 534.8bn…

Hossam Mounir

Bank of Tanzania delegation visits CBE to gain insights into Egypt’s pioneering cybersecurity model

As part of Egypt’s commitment to strengthening cooperation with African nations, the…

Daily News Egypt

Saib Bank appoints two non-executive board members after CBE approval

Saib Bank has appointed Mohamed Onsy El-Beshouty and Abdel Khalek Farag El-Wazir…

Daily News Egypt

CBE hosts BCEAO delegation to showcase Egypt’s leading banknote printing facility

As part of Egypt's commitment to strengthening ties and fostering collaboration with…

Daily News Egypt

CBE Governor leads Egypt’s delegation at G20 Finance Ministers, Central Bank Governors’ meeting in South Africa

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), led Egypt’s…

Daily News Egypt

Banque du Caire signs EGP 750m loan agreement to fund Hyde Park’s Garden Residence project

Banque du Caire has signed a medium-term financing agreement worth EGP 750m…

Daily News Egypt

CIB’s Hisham Ezz Al-Arab receives Global Finance Lifetime Achievement Award

Global Finance has awarded Hisham Ezz Al-Arab, Chairperson and CEO of Egypt’s…

Daily News Egypt

FRA raises microfinance loan cap to EGP 266,000

The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has…

Hossam Mounir