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

ADCB Egypt highlights sustainability achievements with EGP 4bn portfolio in mid-2024

Abu Dhabi Commercial Bank (ADCB) Egypt has reaffirmed its dedication to sustainability…

Daily News Egypt

Banque du Caire named best bank in Egypt for SME financing, financial inclusion in 2024

The World Union of Arab Bankers (WUAB) has recognized Banque du Caire…

Daily News Egypt

Banks, mortgage companies inject EGP 78.66bn into low-income initiative in November

Financial institutions participating in Egypt's low-income mortgage finance initiative provided a total…

Hossam Mounir

Banque Misr launches Egypt’s first public digital auction in collaboration with ‘Belmazad’ platform

Banque Misr has conducted Egypt's first public digital auction to sell its…

Daily News Egypt

HDB wins Gold Award for Green Finance at COP29 in Azerbaijan

The Housing and Development Bank (HDB) has been honored with the prestigious…

Daily News Egypt

ADIB-Egypt invests EGP 1bn in digital transformation, reports strong growth: CEO

ADIB-Egypt, the largest Islamic bank in Egypt by assets, deposits, and credit…

Daily News Egypt

CBE joins Pan-African Payment and Settlement System

As part of Egypt’s efforts to deepen economic collaboration with African nations,…

Hossam Mounir

CIB, EBRD sign €50m credit risk guarantee agreement to boost Egyptian SMEs

Commercial International Bank (CIB) and the European Bank for Reconstruction and Development…

Daily News Egypt

CBE to launch $900m T-bill auction

The Central Bank of Egypt (CBE) will conduct a $900m local treasury…

Hossam Mounir

Banque du Caire reports EGP 8.6bn net profit in 9M 2024

Banque du Caire achieved net profits of EGP 8.6bn in September 2024,…

Hossam Mounir