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 records EGP 3.51bn in consolidated net income in 2Q 2022

“The CIB concluded the first half (1H) of 2022 with remarkable performance,…

Hossam Mounir

The complete Board of Directors of the Federation of Egyptian Banks

The final results of the elections resulted in the victory of Mohamed…

Hossam Mounir

CBE explains reasons behind decline in inflation in June

Annual headline urban inflation decelerated for the first time after increasing for…

Hossam Mounir

saib continues geographical expansion by opening new branch in Shebin Al-Koum, Menoufiya

We aim to expand our branch network to competitive levels that combine…

Hossam Mounir

CBE introduces first 10-pound plastic banknote, paper version still valid

Citizens can get new plastic banknote through over 4,500 branches of Egyptian…

Hossam Mounir

NBE inaugurates NBE-Juba PLC branch in South Sudan

The bank was granted the required licenses from the Central Bank of…

Daily News Egypt

CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022

Customer deposits rise to EGP 6.980 trillion by end of March, of…

Hossam Mounir

CBE extends exemption of some banking services from commissions until end of 2022

Exemption from commissions and fees for transfers between mobile accounts and transfers…

Hossam Mounir

National Bank of Egypt opens first branch in South Sudan

South Sudan Vice President said that National Bank of Egypt Juba is…

Daily News Egypt

National Bank of Egypt to open its first branch in South Sudan on Tuesday

National Bank of Egypt’s presence in Juba achieves more cooperation, development in…

Daily News Egypt