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 CIB launches Sustaining SMEs programme

The programme targets the integration of ESG principles into Egypt’s small- and…

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CBE obtains USD for over 4,000 shipments of production requirements, food commodities over past 48 hours

Factories must ensure balance in EGP covers value of shipments according to…

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Egypt records EGP 1.12-trillion-increase in volume of domestic liquidity in banking sector over 9 months: CBE

Total non-governmental deposits in local currency with banks amounted to about EGP…

Hossam Mounir Hossam Mounir

aiBANK launches campaign to finance SMEs with EGP 10m

This campaign is in line with the Egyptian Government and the Central…

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CBE sets controls for financial derivatives at banks

Banks present their plans to operate in derivatives market

Hossam Mounir Hossam Mounir

CBE justifies complete liberalisation of EGP’s exchange rate

These measures aim to ensure macroeconomic stability and achieve sustainable, comprehensive economic…

Hossam Mounir Hossam Mounir

CBE issues regulatory controls for forward exchange contracts at banks

The Central Bank of Egypt (CBE) issued on Thursday the regulations of…

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CIB participates in 3rd World Conference on Mediterranean Diet

The conference was held under the patronage of Italy's Ministry of Foreign…

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NBE offers 3-year savings certificate with annual return of 17.25%

The bank issued another 3-year certificate with annual return of 16.25%, which…

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115% growth in financial inclusion over past 6 years: Bassiouny

Number of women who own bank accounts increases to 16 million in…

Hossam Mounir Hossam Mounir