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

Fintech serves as keystone element in banking, financial development in Egypt: CBE

Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…

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NBE, Banque Misr offer new 7% and 9% dollar savings certificates 

The National Bank of Egypt (NBE) and Banque Misr announced Tuesday the…

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CIB reports consolidated net income of EGP 7.99bn in 2Q 2023

Commercial International Bank (CIB) Monday reported second-quarter 2023 consolidated net income of…

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CBE replaces 10.8 million payroll cards for public workers, pensioners with ‘Meeza’ cards in 2022

The Central Bank of Egypt (CBE) has revealed the completion of the…

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CBE takes first steps towards launching digital banks in Egypt

CBE announces new digital bank capital requirements, regulations

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aiBANK joins InstaPay as part of its digital transformation strategy

aiBANK, Egypt's leading integrated retail, corporate, and Islamic banking solutions provider, has…

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Agricultural Bank of Egypt, MSMEDA sign financing contract worth EGP 60m

It comes within framework of Egyptian Family Development Initiative "Bab Rizq", funded…

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NBE manages 12 financing deals worth EGP 27bn in 1H 2023: Bloomberg

Bank ranks first in Egyptian market for its roles as financing agent,…

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NBE reports over 14 million withdrawals worth EGP 35.5bn through ATMs in 14 days

Withdrawals reach its peak on 25 June at EGP 4.22bn

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