Latest Banking News
CBE, Foreign Ministry launch ‘Open Your Account in Egypt’ initiative for expatriates
Egypt has launched an initiative to make it easier for its citizens…
United Bank, Social Housing Fund expand affordable mortgage finance to EGP 5bn
The United Bank has signed a cooperation protocol with the Social Housing…
Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project
A banking alliance led by Suez Canal Bank has signed a joint…
HSBC to review retail banking business in Egypt
HSBC Egypt announced that its parent company, HSBC Holdings plc (HSBC Group),…
CBE attributes inflation slowdown to easing food prices for fourth consecutive month
Egypt's annual urban headline inflation declined to 11.7% in September 2025, down…
HDB conducts cyberattack simulation in collaboration with Google Mandiant
The Housing and Development Bank (HDB) has conducted a tabletop exercise simulating…
Suez Canal Bank signs EGP 30m credit facility with Oliv
Suez Canal Bank and Oliv have announced the signing of a credit…
NBE inaugurates first branch in Saudi Arabia
The National Bank of Egypt (NBE) has announced the inauguration of its…
Credit facilities for top 100 borrowers reach EGP 1.4trn in March 2025: CBE
The Central Bank of Egypt (CBE) reported that outstanding credit facilities extended…
CBE’s net foreign assets exceed $11bn in September 2025
The Central Bank of Egypt (CBE) announced that its net foreign assets…