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 requires banks to integrate financial literacy into inclusion strategies

The Central Bank of Egypt (CBE) has instructed banks to incorporate financial…

Daily News Egypt

CBE expects inflation to begin gradual decline in Q1 2027

The Central Bank of Egypt (CBE) expects inflation to begin declining gradually…

Hossam Mounir

NBE, Banque Misr arrange EGP 8bn syndicated loan for Palm Hills New Cairo project

The National Bank of Egypt (NBE) and Banque Misr have arranged an…

Daily News Egypt

CBE to decide on EGP rates Thursday amid strong expectations of fourth consecutive hold

The Central Bank of Egypt's (CBE) Monetary Policy Committee will hold its…

Hossam Mounir

CBE attributes July inflation rise to unfavourable base effect

The Central Bank of Egypt (CBE) said the rise in annual urban…

Hossam Mounir

Dalia Mostafa appointed vice-chairperson, managing director of National Investment Bank

The board of directors of the National Investment Bank (NIB), chaired by…

Daily News Egypt

National Investment Bank returns to profit with EGP 6bn in FY2024/25

The National Investment Bank (NIB) announced a significant financial turnaround, recording a…

Daily News Egypt

ADIB-Egypt rolls out 50% cashback and zero-fee auto loans in “Summer Pros” campaign

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has introduced tiered cashback rewards…

Daily News Egypt

Suez Canal Bank reports EGP 3.63bn net profit in H1 2026

Suez Canal Bank (SCB) delivered strong financial results during the first half…

Daily News Egypt

HDB posts EGP 9.924bn net profit in H1 2026

Housing and Development Bank (HDB) delivered strong financial results during the first…

Hossam Mounir