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

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

NBE grants Ora Developers Egypt EGP 3bn long-term financing for Solana West project

The National Bank of Egypt (NBE) has signed a long-term financing agreement…

Hossam Mounir

CIB reports record EGP 28.8bn net income for Q3 2025; nine-month profits surge 47% to EGP 62.1bn

Commercial International Bank (CIB) announced Tuesday a consolidated net income of EGP…

Hossam Mounir

Egypt’s Banque Misr expands into East Africa with new Djibouti subsidiary

Banque Misr has officially inaugurated Banque Misr Djibouti, marking its first Egyptian…

Daily News Egypt