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

HDB marks first milestone of 2025–2030 strategy as strong results reinforce growth momentum: Ghanem

Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank…

Hossam Mounir

CBE receives $1.68bn in bids for USD-denominated T-bills

The Central Bank of Egypt (CBE) received 28 bids totalling $1.677bn for…

Hossam Mounir

Standard Bank launches Egypt office to boost Africa, Middle East trade

Standard Bank Group, Africa's largest financial institution by assets, has officially launched…

Hossam Mounir

Egypt’s net international reserves surpass $50bn for first time in October: CBE

The Central Bank of Egypt (CBE) announced that the country’s net international…

Hossam Mounir

NFAs in Egypt’s banking sector rise by EGP 115.2bn during FY 2024/25

The Central Bank of Egypt (CBE) has revealed that net foreign assets…

Hossam Mounir

Local liquidity in banking sector climbs to EGP 13.6trn in September 2025

The Central Bank of Egypt (CBE) reported a notable rise in broad…

Hossam Mounir

ABE to roll out new financing, banking services for small-scale farmers to boost agricultural investment: CEO

Mohamed Abul Soud, CEO of the Agricultural Bank of Egypt (ABE), announced…

Hossam Mounir

CBE underscores banking sector resilience as financial soundness indicators exceed regulatory thresholds

The Central Bank of Egypt (CBE) affirmed the continued robustness of Egypt’s…

Hossam Mounir

HSBC Egypt hosts third China Corridor Forum to strengthen bilateral trade, investment

For the third consecutive year, HSBC Egypt has hosted its China Corridor…

Daily News Egypt

Standard Bank to launch representative office in Egypt on 12 November

Standard Bank Group, Africa’s largest financial institution by assets, announced that it…

Hossam Mounir