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

CIB reports Q2 2025 consolidated revenue of EGP 27.8bn

Commercial International Bank (CIB) reported second-quarter (Q2) 2025 consolidated net income of…

Daily News Egypt

CIB completes fifth securitisation issuance for B.TECH worth EGP 859.4m

Commercial International Bank (CIB) – Egypt, the country’s largest private-sector bank, has…

Daily News Egypt

Abdalla 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), headed Egypt’s…

Daily News Egypt

Suez Canal Bank partners with CRIF Egypt to advance sustainability through Synesgy

Suez Canal Bank has signed a cooperation protocol with CRIF Egypt to…

Daily News Egypt

ABE signs cooperation protocol to finance beneficiaries of state-owned lands in Minya

Mohamed Abou El-Soud, CEO of the Agricultural Bank of Egypt (ABE), met…

Daily News Egypt

Annual urban headline inflation eases to 14.9% in June 2025, down from 16.8% in May: CBE

Annual urban headline inflation eased to 14.9% in June 2025, compared to…

Hossam Mounir

Saib reopens Mansoura branch after comprehensive renovation

Saib has announced the reopening of its Mansoura branch in Dakahleya, following…

Daily News Egypt

Egypt participates in permanent bureau meeting of Arab Central Bank Governors in Abu Dhabi

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), took part…

Daily News Egypt

CBE governor signs MoU with People’s Bank of China to deepen financial cooperation

In a significant move to bolster banking and financial ties between Egypt…

Daily News Egypt

Cash, technology, and the quest for balance: Why going fully offline is not the answer

In today’s fast-paced digital world, electronic payments and digital banking have become…

Mohamed Abdel Aal