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

Egypt’s international reserves climb to $49.53bn in September: CBE

The Central Bank of Egypt (CBE) announced on Monday that the country’s…

Hossam Mounir

Market eyes impact of CBE’s 1% rate cut on yields of savings products, loans, and government debt

The market is preparing for the reopening of banks on Sunday, following…

Hossam Mounir

Foreign assets in Egypt’s banking sector record $17.88bn in August 2025

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

Hossam Mounir

Inflation expectations still face upside risks domestically, globally: CBE

The Central Bank of Egypt (CBE) has stated that inflation expectations remain…

Hossam Mounir

CBE hosts conference of Mediterranean central banks in Cairo

The Central Bank of Egypt (CBE) on Wednesday hosted the 9th Annual…

Daily News Egypt

CBE poised to decide on interest rates after 525 bps cuts in 2025

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

CBE conducts annual drill for business continuity, alternative site operations

As part of its commitment to adopting international best practices in Business…

Daily News Egypt

14 countries account for 68.3% of Egypt’s foreign trade: CBE

The Central Bank of Egypt (CBE) announced that trade exchange between Egypt…

Hossam Mounir

Balancing monetary policies supports keeping interest rates unchanged in October

Monetary policy plays a central role in steering economic performance and is…

Mohamed Abdel Aal

ABE signs protocol with Germany’s GIZ to advance sustainable financing for SMEs

The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…

Daily News Egypt