Banking

Banque du Caire – Summary of Financial Results for the Nine Months Ended 30 September 2026

Banking editor -
Banque du Caire delivered solid financial performance during the first nine months of 2026, reflecting robust core profitability, healthy business growth, an improving funding...

CIB reports EGP 103bn in revenue, EGP 63.1bn in net income in 9M 2026

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Commercial International Bank (CIB) reported consolidated net income of EGP 63.1bn, equivalent to EGP 16.7 per share, for the first nine months of 2026,...
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Al-Sisi calls for further deflation, debt cut, and stronger foreign currency inflows

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Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to bring down inflation and public debt, increase...

Egypt’s Industrial Development Bank posts first EGP 1bn profit as restructuring pays off

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Egypt’s Industrial Development Bank (IDB) made a net profit of EGP 1bn in 2025, the first time it has...

CBE issues rules regulating banking agents

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The Central Bank of Egypt (CBE) has approved new rules regulating banks’ use of banking agents to provide certain...

IDB, ElTarek partner to launch first co-branded Mastercard credit cards

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Industrial Development Bank (IDB) has signed a cooperation protocol with ElTarek for Automotive Trading, Importing and Distribution to launch...

SAIB Bank delivers 50 modern fishing boats to small-scale fishermen in Kafr El-Sheikh

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SAIB Bank, in cooperation with Sonaa El Kheir Foundation for Development, a member of the National Alliance for Civil...

HDB opens new branch in New Fayoum City, expands network to 99 locations

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The Housing and Development Bank (HDB) has opened a new branch in New Fayoum City, bringing its nationwide branch...
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