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

65.5% increase in Egyptian remittances during August: CBE

Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…

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CBE receives $1.739bn in bids for US dollar-denominated T-bills auction

The Central Bank of Egypt (CBE) received 30 bids totalling $1.739bn to…

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MSMEDA, World Bank partner to upgrade Egyptian entrepreneurship eco-system: Rahmy

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency…

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EBRD considers $200m debt finance for 1.1 GW Suez Wind Energy

The European Bank for Reconstruction and Development (EBRD) is considering senior debt…

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EBank launches Information Security Academy in partnership with EBI

EBank has announced the launch of the Information Security Academy (InfoSec) at…

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Suez Canal Bank opens its 53rd branch in Menoufeya’s Shibin El-Kom

Suez Canal Bank inaugurated its latest branch in Shibin El-Kom, Menoufeya to…

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ABE injects EGP 39.8bn into small, micro-enterprises in September

The Agricultural Bank of Egypt (ABE) concluded the third quarter of this…

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HDB participates in granting joint financing worth EGP 4.4bn for Saudi Egyptian Developers

The Housing and Development Bank (HDB) participated in a banking alliance to…

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Egypt’s net international reserves increase to $46.941bn in October: CBE

The Central Bank of Egypt (CBE) reported an increase in net international…

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CBE conducts training programme for calibres from Djibouti’s central bank

The Central Bank of Egypt (CBE) conducted a training programme for calibres…

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