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 urges banks to join Decent Life Initiative

The Central Bank of Egypt (CBE) has called on the banking sector…

Hossam Mounir Hossam Mounir

CBE highlights digital transformation achievements in e-payment services

Meeza aims to provide financial services at reasonable prices to achieve financial…

Hossam Mounir Hossam Mounir

E-payment cards surge to 62 million in Egypt as of September 2023: CBE

Electronic transactions in Egypt to hit EGP 13trn by 2023-end, up 94%…

Hossam Mounir Hossam Mounir

CBE announces financial inclusion rate of 67.3% in June 2023, aims for 70% by year-end

Egypt achieves remarkable progress in financial inclusion, surpasses many countries in field

Hossam Mounir Hossam Mounir

CBE sets rules for credit information, rating companies

The Central Bank of Egypt (CBE) has issued new regulations for credit…

Hossam Mounir Hossam Mounir

Islamic banking in Egypt grows by 27% in 2023, reaching EGP 562bn: EIFA

Faisal Islamic Bank is in first place with business volume of EGP…

Hossam Mounir Hossam Mounir

CBE aims to keep up with financial technology developments: Deputy Governor

Number of startups in industry increases fivefold from 2017 to 2022

Hossam Mounir Hossam Mounir

How CIB outperforms its peers on EGX in 3Q 2023

CIB’s stock surges above fair value: What’s behind its growth?

Hossam Mounir Hossam Mounir

ADCB leads pack with 35% market share

In a dynamic banking landscape, smaller banks continue to outpace their larger…

Daily News Egypt Daily News Egypt

ADIB Egypt among five fastest-growing banks listed on EGX: CEO

27.21% growth in total assets during 9M 2023

Amany Radwan Amany Radwan