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 reports $9.7bn BoP surplus for FY 2023/24

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

Hossam Mounir

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

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

Daily News Egypt

Egyptian, Tunisian central banks sign MoU to boost banking cooperation

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

Daily News Egypt

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

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

Daily News Egypt

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

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

Daily News Egypt

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

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

Hossam Mounir

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…

Hossam Mounir

Al-Mashat, Abdelatty meet with World Bank MD at UNGA

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met…

Daily News Egypt

AIIB chief honours Egyptian Minister of Finance

Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), honoured Ahmed…

Daily News Egypt

CBE to list stake in United Bank on EGX by Q1 2025

The Central Bank of Egypt (CBE) has announced plans to offer a…

Hossam Mounir