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

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…

Hossam Mounir

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…

Hossam Mounir

CBE takes first steps towards launching digital banks in Egypt

CBE announces new digital bank capital requirements, regulations

Hossam Mounir

aiBANK joins InstaPay as part of its digital transformation strategy

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

Daily News Egypt

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

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

Hossam Mounir

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

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

Hossam Mounir

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

Hossam Mounir

Nagla Bahr highlights important role of credit guarantee industry 

Nagla Bahr stressed on the importance of the proper positioning of the…

Daily News Egypt

Banque du Caire graduates first cohort of “Fast Track” programme

Banque du Caire has graduated the first cohort of its "Fast Track"…

Daily News Egypt