Central Bank of Egypt
36 articles
بنك أبوظبي الأول مصر waives account-opening fees
بنك أبوظبي الأول مصر is waiving account-opening charges and the first-year debit-card issuance fee from 15 to 31 October 2026 as part of a central-bank-sponsored financial inclusion campaign.
Egypt's Q1 Drive Opened 368,000 Accounts for Women
Women-focused financial inclusion events opened about 368,000 bank accounts in Egypt in Q1 2026. They also issued nearly 90,000 prepaid cards and made about 58,000 mobile wallets available, though the figures do not show continued use.
Egyptian Banks Waive Account Fees From October 15
From October 15 to 31, 2026, eligible accounts can be opened without fees or a minimum balance. Participating banks will also offer selected cards and digital services under the CBE campaign.
National Bank of Egypt pulls ahead in corporate deposit race
The National Bank of Egypt added 816 billion pounds in corporate deposits from 2022 to 2025, outpacing 25 rivals and capturing almost a third of all new institutional money in the country's banking sector.
Emirates NBD Egypt pushes digital banking for corporate clients
Emirates NBD Egypt is rolling out new banking services for companies, aiming to speed up cash flow and simplify trade finance as regulatory shifts reshape the market.
Egyptian Agricultural Bank flags fake job offers on social media
Egypt's Agricultural Bank is warning job seekers to ignore unofficial interview invitations spreading online and to check only its official page for real openings.
Egypt's Central Bank tightens control over banking complaints
Egypt's central bank is pushing banks to answer public complaints through the government's unified platform, tracking each case and demanding clear follow-up. The move puts new pressure on lenders to deliver real accountability.
Arab African International Bank flags new wave of digital fraud against customers
Arab African International Bank is warning customers about a sharp rise in digital fraud attempts. Scammers are using fake calls and links to steal sensitive banking information as digital banking grows across Egypt.
Outdated Bank Lists Risk Payment Errors for Egypt Electricity Bills
Egyptian electricity bill payers face confusion as old bank lists still circulate, including institutions that no longer exist under their former names. Only verified channels on the official platform guarantee successful payment
United Bank hands out 200,000 EGP in October Millionaire Certificate draw
Three Egyptians have won a total of 200,000 EGP before taxes in United Bank's October 2026 Millionaire Certificate draw, showing the strong pull of prize-linked savings in Egypt.
Bank of Cairo gears up for landmark share sale on Egyptian Exchange
Egypt is set to list a large stake in Bank of Cairo on the Egyptian Exchange. International development banks want a 10 percent share, and the government hopes to raise up to 650 million US dollars.
Egyptian banks push home renovation loans up to 15 million pounds
Egypt's biggest banks now offer home renovation loans with limits up to 15 million pounds. Borrowers face strict rules and different repayment terms as lenders react to soaring construction costs.
Abu Dhabi First Bank Egypt hits record profit as digital banking takes off
Abu Dhabi First Bank Egypt posted a net profit of 7.9 billion Egyptian pounds in the first half of 2026. Digital banking, rising deposits, and strong capital are driving the bank's gains in a fast-changing Egyptian financial sector.
Emirates NBD Egypt puts banking on the creative stage
Emirates NBD Egypt is moving into the creative sector by joining the Gouna Film Festival as its official banking partner. The bank wants to connect with new audiences and link banking with culture.
Egyptian Agricultural Bank launches 10 percent cashback for online card payments
Egypt's Agricultural Bank is offering a 10 percent cashback on online purchases made with its credit cards, up to a maximum of 5,000 EGP. The move aims to drive digital payment adoption and reward cardholders for electronic spending.
Emirates NBD Egypt offers personal loans up to EGP 5 million
Emirates NBD Egypt now lets customers borrow up to EGP 5 million with repayment terms as long as 12 years. The loan targets those who need large sums and want flexible payment, insurance, and early settlement options.
Egypt's Largest Bank Warns Customers About Fake Investment Platforms
Egypt's National Bank is urging customers to avoid fraudulent investment platforms that promise quick profits but use deceptive tactics to steal funds. The warning highlights the risks of trusting unverified online schemes targeting personal savings.
HSBC to Exit Egyptian Retail Banking as Emirates NBD Strikes Acquisition Deal
HSBC has agreed to sell its entire Egyptian retail banking business to Emirates NBD Egypt, with the transaction expected to close in the second half of 2027 pending regulatory approval. Customers and staff face no immediate changes as the transition begins.
Egyptian banks roll out doctor-focused loans up to 3 million EGP
Ten Egyptian banks are offering new loans for doctors, with amounts up to 3 million EGP and long repayment terms. These programs target personal needs, equipment purchases, and clinic upgrades, changing how banks lend to professionals in Egypt.
Emirates NBD Egypt puts creative sector in focus as Gouna Film Festival sponsor
Emirates NBD Egypt is now the official banking sponsor of the Gouna Film Festival. The move links financial services with Egypt's creative and cultural scene.
Abu Dhabi First Bank Egypt rolls out new funds for savers
Abu Dhabi First Bank Egypt has launched four investment funds, including daily liquidity and Sharia-compliant choices. Savers now have more ways to manage risk and returns as Egypt's financial sector shifts.
Egyptian banks pushed to adapt as AI and instant payments reshape the market
Egypt's banks are racing to keep up as instant payment apps and digital identity tools change how people use financial services and demand more speed and security.
Emirates NBD Egypt unveils three-year certificate at 18.5% yield
Emirates NBD Egypt is rolling out a three-year fixed certificate in Egyptian pounds. The top yield is 18.5 percent, but only for deposits of at least 500,000 EGP and with a six-month lock-in.
Egyptian pound weakens as dollar nears 52 in local banks
The Egyptian pound lost more ground against the US dollar, with rates pushing past 51.90 in several banks. Gold prices fell and the stock market closed lower for the fifth day running.
Euro edges higher against Egyptian pound as banks lift rates
On 28 September 2026, the euro climbed against the Egyptian pound, with top banks setting new highs for both buying and selling. Egypt's foreign reserves also broke records, while the central bank left interest rates unchanged.
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