Banking

The Central Bank of Egypt (CBE) approved the provision of licences for contactless payments through mobile phones as part of the government's strategy to support financial inclusion and digital…
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Nasser Alshaali has been appointed Chairman of the Board of HSBC Bank Egypt S.A.E. (HSBC Egypt) with effect from 22 September 2021.
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Commercial International Bank (CIB), Egypt’s leading private sector bank and Visa, the world’s leader in digital payments, announced a new 5-year commercial deal to implement the strategic objectives…
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The Central Bank of Egypt (CBE) signed a cooperation protocol with the Financial Regulatory Authority (FRA) to facilitate the issuance of licences and approvals with regard to payment instruments for…
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The National Bank of Egypt (NBE) has obtained a licence to allow the tap-on-phone service which provides new advanced payment solutions. 
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The board of African Development Bank (AfDB) has unanimously agreed on Egypt’s request to host the bank’s annual meetings on May 22-26, 2023 in the Egyptian Red Sea city of Sharm El Sheikh.
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Misr Digital Innovation (MDI) announced its alliance with Visa, the world’s leader in digital payments, to provide core and digital solutions support to the first digital lifestyle bank in Egypt.
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Commercial International Bank (CIB), Egypt’s leading private sector bank, was appointed to represent Africa as part of the UN-convened Net-Zero Banking Alliance Steering Group.
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Global Finance Magazine listed Egypt’s two biggest state lenders, the National Bank of Egypt (NBE) and Banque Misr among the world’s 50 safest banks.
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The Central Bank of Egypt (CBE) revealed that the total financial position of banks operating in the local market, other than CBE, increased to about EGP 7.948trn in June 2021, compared to EGP…
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