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

Egyptian banking sector’s net foreign assets decline to $21.3bn in March 2026: CBE

The Egyptian banking sector’s net foreign assets (NFA) stood at $21.32bn, equivalent…

Daily News Egypt

Egypt’s external debt rises to $163.7bn in September 2025 despite improved indicators: CBE

Egypt’s external debt rose to $163.7bn in September 2025, an increase of…

Hossam Mounir

Cryptocurrencies reshape monetary policy, challenge central banks

Digital currencies are reshaping the global financial landscape and imposing unprecedented challenges…

Daily News Egypt

Commercial International Bank completes EGP 2.18bn securitisation for Drive Finance

Commercial International Bank (CIB) has completed its seventh securitisation issuance for Drive…

Daily News Egypt

Egypt repays $6.4bn in external debt service in Q1 2025/26: CBE

The Central Bank of Egypt (CBE) said the government repaid $6.442bn in…

Hossam Mounir

Slower monetary easing to support banks’ profitability: HC

The research department of HC Securities & Investment has released its latest…

Daily News Egypt

Opinion | How are large loans granted?

There is a common, but mistaken, belief that when a bank grants…

Mohamed Abdel Aal

Banque du Caire launches three-year certificate at 17.25% monthly yield, 18-month deposit at 22%

Banque du Caire has launched a new three-year savings certificate offering a…

Daily News Egypt

CIB launches three-year certificates with competitive fixed, variable returns

The Commercial International Bank (CIB) has introduced a new suite of three-year…

Daily News Egypt

CIB completes EGP 1.307bn securitisation issuance for B.TECH

Commercial International Bank - Egypt (CIB) has completed an EGP 1.307bn securitisation…

Daily News Egypt