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

Digital services, customer satisfaction put CIB in the lead

Digital services have become indispensable in the banking sector, significantly influencing customer…

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Faisal Islamic Bank leads tier-1 capital adequacy index at 27.5%

The capital adequacy ratio of the Egyptian banking sector decreased in 2022…

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Banque du Caire launches electronic signature service for companies, financial institutions

Bank obtains ISO 27001 certification for information security sector

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NBE tops list of banks in mortgage finance initiative for low-income individuals in October 2023

Bank offers EGP 16.825bn in mortgage finance to 141,971 customers, accounting for…

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CIB reports 3Q 2023 consolidated net income of EGP 8.35bn

CIB’s 3Q 2023 standalone net interest income records EGP 37.6bn, increasing by…

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Egypt’s international reserves increase by $131m in October: CBE

The Central Bank of Egypt (CBE) reported on Sunday that its international…

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We will use all monetary policy tools to achieve inflation targets: CBE

CBE sets its inflation targets at 7% (±2%) on average in Q4…

Hossam Mounir Hossam Mounir

CBE reports key bank performance indicators as of July 2023

Financial position of banks breaks barrier of EGP 14trn 

Hossam Mounir Hossam Mounir

aiBANK named “Fastest Growing Bank in the Arab Region” by World Union of Arab Bankers

aiBANK, a renowned provider of comprehensive retail, corporate, and banking solutions in…

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CEO of Housing & Development Bank reveals EGP 2.556bn plan for sustainable financing in 2023

Bank supports green economy and sustainable development in Egypt

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