بنكي | BANKY

Governor of the Central Bank of Egypt and President of Afreximbank Hold a Press Briefing on Egypt's Ongoing Preparations to Host the 33rd Afreximbank Annual Meetings in Alamein

H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt CBE, and Dr George Elombi, President and Chairman of the Board of Directors of Afreximbank, held on 13 May 2026, a press briefing at the CBEs headquarters ahead of the 33rd Afreximbank Annual Meetings AAM2026. The AAM2026 will be held under the patronage of H.E. President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, in Alamein city 21 to 24 June 2026.

Commercial International Bank (CIB) achieved 7% growth in net profits, recording EGP 17.7 billion by the end of March 2026

Commercial International Bank EGX: COMI today reported first-quarter 2026 consolidated net income of EGP 17.8 billion, or EGP 4.65 per share,up by 7% first-quarter 2025.

Emirates NBD Egypt Reports EGP 1.7 billion Net Profit in Q1 2026 with Strong Growth Across Key Performance Indicators

Cairo, May 6, 2026: Emirates NBD Egypt delivered strong financial results for the first quarter ended March 2026, supported by solid performance across its core banking businesses and continued growth in both lending and deposits. The results highlight the Banks sustained momentum and the effectiveness of its strategy in driving balanced growth, strengthening operational efficiency, and reinforcing its market position.

J.P. Morgan: AI agents completing purchases autonomously are projected to represent $2–$5 trillion by 2030

J.P. Morgan sees five major shifts powering payments in 2026 and the direction of travel is clear: faster, frictionless, and blockchain-powered.

GlobalCorp completes its first EGP 1 billion short-term bond issuance to support factoring activity

GlobalCorp for Financial Services announced the successful completion of its first short-term debt issuance, valued at EGP 1 billion. This issuance represents the first tranche of a broader EGP 2 billion program, marking GlobalCorp entry into the short-term bond market while supporting its strategy to strengthen and expand its factoring business.

QNB Group Marks Earth Day with Sustainable Employee Initiatives

KFH Named “Best Bank for Sustaining Communities in the Middle East” by Global Finance

Kuwait Finance House KFH has been named Best Bank for Sustaining Communities in the Middle East by Global Finance magazine, as part of its Sixth Annual Sustainable Finance Awards, recognizing outstanding leadership in sustainable finance worldwide.

Agriculture Bank of Egypt Signs Cooperation Protocol with Dakahliya Governorate to Modernize Public Transportation

The Agricultural Bank of Egypt ABE has signed a cooperation protocol with Dakahliya Governorate as part of its ongoing commitment to supporting government priorities and promoting financial inclusion. The collaboration aims to introduce a comprehensive financing program for the replacement and renewal of microbus vehicles, with the goal of modernizing public transportation and providing safer, higher-quality services to citizens.

Hassan Abdullah participates virtually in the meeting of central bank governors as part of the IMF and World Bank Spring Meetings

IMF: Global Growth Forecasts Cut Amid Iran War Risks to the Global Economy

The International Monetary Fund has warned of widening economic repercussions the ongoing conflict in the Middle East, noting that only a limited number of countries may be able to avoid its impact. The Fund highlighted expectations of slowing global growth alongside rising inflationary pressures.

Bank of America Beats Estimates with $8.6 Billion Profit on Strong Trading and Deal Activity

Bank of America reported strong financial results for the first quarter of 2026, beating analysts expectations, driven by robust performance in trading and investment banking despite volatile global markets.

SpaceX Prepares for Mega IPO Led by Global Banking Consortium

SpaceX is preparing to launch one of the largest initial public offerings IPOs in recent years, backed by a global consortium of at least 21 banks.