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

EBRD, National Bank of Egypt sign $100m facility to support small businesses

The European Bank for Reconstruction and Development (EBRD) has signed a $100m…

Daily News Egypt

Egypt’s net international reserves rise to $50.215bn in November

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

Hossam Mounir

Local liquidity in banking sector rises to EGP 13.68trn in October 2025

The Central Bank of Egypt (CBE) has reported an increase in total…

Hossam Mounir

United Bank to roll out specialised healthcare financing packages, including green financing: Kashmiry

Nevine Kashmiry, Deputy Managing Director for Business Sectors at United Bank, announced…

Daily News Egypt

HDB deepens green, sustainable finance leadership through new partnership with Frankfurt School

The Housing and Development Bank (HDB) has signed a Memorandum of Understanding…

Daily News Egypt

Social Housing Fund doubles CIB’s mortgage finance allocation to EGP 12bn

The Social Housing and Mortgage Finance Fund has signed a cooperation protocol…

Hossam Mounir

CIB named Egypt’s Bank of the Year 2025 as factoring portfolio hits EGP 4bn

Commercial International Bank (CIB) has secured The Banker’s Bank of the Year…

Daily News Egypt

Net foreign assets of Egypt’s banking sector rise to $22.6bn in October

The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs)…

Daily News Egypt

CBE attracts $1.041bn in bids for USD T-bills, accepts $961m at 3.75% rate

The Central Bank of Egypt (CBE) received 19 bids totaling $1.041bn in…

Hossam Mounir

CBE to Offer $950m Treasury Bills on Monday

The Central Bank of Egypt (CBE) will on Monday offer a local…

Hossam Mounir