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

CBE’s Governor participates in AMF meeting on financial stability

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in…

Daily News Egypt

What does CBE’s accession to PAPSS mean?

In a significant strategic move aligned with its ongoing efforts to develop…

Mohamed Abdel Aal

ADCB achieves key milestone in sustainability with EDGE Green Building Certification

Abu Dhabi Commercial Bank (ADCB) has reached a significant milestone in its…

Daily News Egypt

CIB signs MoU with TRIA to strengthen support for industrial sector

Commercial International Bank - Egypt (CIB) has officially signed a memorandum of…

Daily News Egypt

CBE reports increase in foreign assets surplus to $11.8bn in November 2024

The Central Bank of Egypt (CBE) announced a net foreign assets surplus…

Hossam Mounir

Suez Canal Bank provides Ashry Steel Group with EGP 2.35bn credit facility to support expansion

Suez Canal Bank has signed a cooperation protocol to provide Ashry Steel…

Daily News Egypt

CBE reports decline in annual core inflation to 23.7% in November

The Central Bank of Egypt (CBE) has reported a slight decrease in…

Hossam Mounir

CBE hosts inaugural meeting of African Financial Stability Committee

In line with presidential directives to boost Egyptian-African cooperation and integration, the…

Daily News Egypt

CIB partners with Chamber of Food Industries to boost Egypt’s food sector, export growth

The Commercial International Bank – Egypt (CIB) has signed a strategic sponsorship…

Daily News Egypt

CBE completes business continuity drill to test emergency response, remote operations

The Central Bank of Egypt (CBE) recently completed its annual Business Continuity…

Daily News Egypt