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

Suez Canal Bank achieves record growth rates across all sectors: Refaie

Bank adopts ambitious strategy for growth, restructure, turning challenges into opportunities

Hossam Mounir Hossam Mounir

Our strategy is to continue being the leading international bank in Egypt: HSBC Egypt CEO

Egypt is one of HSBC’s most dynamic markets in world: Wilcox

Hossam Mounir Hossam Mounir

CIB’s business strategy rests on three main pillars

Bank reveals its plan for growth, innovation

Hossam Mounir Hossam Mounir

Egyptian banks thrive despite challenges, plan for future with ambitious strategies

Egyptian banks have overcome various challenges from the local and global economies…

Hossam Mounir Hossam Mounir

How annual inflation falls for fourth consecutive month in January 2024, CBE reveals

The Central Bank of Egypt (CBE) said that annual headline urban inflation…

Hossam Mounir Hossam Mounir

CIB achieves record-breaking results in 2023 despite market challenges

Commercial International Bank (CIB) posted a consolidated net income of EGP 7.23bn…

Hossam Mounir Hossam Mounir

CBE sets new rules for using credit cards abroad

The Central Bank of Egypt (CBE) issued new rules for customers who…

Hossam Mounir Hossam Mounir

Al Baraka Bank joins largest Islamic financing deal in Egypt

Deal’s value estimated at EGP 5.5bn for Giza Systems, VAS Integrated Solutions

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CIB Foundation, Raei Misr collaborate to improve children’s health: El-Ganini

The CIB Foundation, led by Executive Vice President and Managing Director Amr…

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Bank interest rates change slightly after CBE’s 2% basic rate hike

Several banks increase interest rates on savings accounts

Hossam Mounir Hossam Mounir