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

Banks operating in Egypt record EGP 126.9bn of net profits in 1H 2023

The banks operating in the Egyptian market achieved a net profit of…

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Banque du Caire launches new security control unit

Unit provides assistance to all bank’s sectors, intervene to maintain service quality…

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Banks in Egypt improve accessibility for people with disabilities

Banks implement CBE’s instructions of September 2021 to facilitate access of this…

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Banque Misr sponsors Egypt’s national football teams until 2026 World Cup

Sponsorship emphasizes bank’s role in social responsibility, as key axis for sustainable…

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Banks provide EGP 4bn in indirect financing for Decent Life initiative in six months

The Central Bank of Egypt (CBE) reported that banks operating in the…

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CBE eases banking access for illiterate, elderly customers

Facilities include accepting fingerprints as alternatives to signature

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Attijariwafa bank Egypt posts record net profit of EGP 913.1m in 1H 2023

Attijariwafa bank Egypt has announced a record net profit of EGP 913.1m…

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CBE reports 12.7% rise in domestic liquidity in seven months

Non-governmental deposits in local currency reach EGP 5.791trn

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CBE assets soar by 50% in one year to EGP 4.480trn

Bank’s contributions to capital of international financial organisations increased to EGP 19.378bn, 

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CBE forms work committees to study launching digital currency

The Central Bank of Egypt (CBE) has announced that it has formed…

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