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

NBE reports EGP 166.9bn in profits for H1 2025

The National Bank of Egypt (NBE) announced that its profits reached EGP…

Daily News Egypt

CBE projects inflation to average 10.5% in 2026 as economic recovery gains momentum

The Central Bank of Egypt (CBE) has projected a continued decline in…

Hossam Mounir

CBE governor attends graduation ceremony of Future Leaders programme at EBI

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE) and Chairperson…

Daily News Egypt

Egypt’s external debt rises to $161.2bn in June 2025: CBE

The Central Bank of Egypt (CBE) announced that the country’s total external…

Daily News Egypt

Banque Misr joins “Open Your Account in Egypt” initiative for expatriate Egyptians

Banque Misr has signed a cooperation protocol with the Ministry of Foreign…

Daily News Egypt

SCZONE secures EGP 30bn long-term CIB financing for infrastructure and port upgrades

The Suez Canal Economic Zone (SCZONE) has secured EGP 30bn in long-term…

Daily News Egypt

Capital Markets Advisors Concludes Advisory Role in Al Baraka Bank Egypt’s Acquisition of Amlak Finance Egypt

Capital Markets Advisors, a subsidiary of Synergy Capital, has successfully completed its…

Daily News Egypt

CIB launches co-branded credit card for Egypt’s digital generation

The Commercial International Bank (CIB) Egypt, the country’s largest private-sector bank, has…

Daily News Egypt

Al Baraka Bank Egypt buys mortgage finance company Amlak Finance Egypt

Al Baraka Bank Egypt has acquired full ownership of Amlak Finance Egypt…

Daily News Egypt

CBE, Foreign Ministry launch ‘Open Your Account in Egypt’ initiative for expatriates

Egypt has launched an initiative to make it easier for its citizens…

Daily News Egypt