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 to roll out new financial inclusion strategy by mid-year

Sherif Lokman, Deputy Governor of the Central Bank of Egypt (CBE) for…

Daily News Egypt

Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025

The Central Bank of Egypt (CBE) said banks have channelled EGP 77.2bn…

Hossam Mounir

Opinion | Reading into the Surprise Rate Increase by the National Bank of Egypt and Banque Misr

In a move reflecting clear flexibility in liquidity management, both the National…

Mohamed Abdel Aal

Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE

The Central Bank of Egypt (CBE) has reported robust growth in banks’…

Hossam Mounir

Central Bank of Egypt sets new rules for margin financing of securities purchases

The Central Bank of Egypt (CBE) has issued a comprehensive set of…

Hossam Mounir

Suez Canal Bank signs tripartite protocol with eHealth, eAswaaq to drive healthcare digitalisation

Suez Canal Bank has signed a tripartite cooperation protocol with eHealth and…

Daily News Egypt

CBE explains March 2026 inflation uptick amid rising food, service costs

Annual urban headline inflation accelerated to 15.2% in March 2026, up from…

Hossam Mounir

Egypt’s current account deficit narrows to $9.5bn in H1 2025/26 on strong remittances

Egypt’s current account deficit narrowed by 13.6% to $9.5bn during the first…

Daily News Egypt

CBE bars credit facilities for unregistered entities

The Central Bank of Egypt (CBE) has instructed banks not to grant…

Hossam Mounir

CBE, media regulator sign protocol to oversee digital banking content

Central Bank of Egypt (CBE) Governor Hassan Abdalla and Supreme Council for…

Daily News Egypt