بنكي | BANKY

EBRD, EU, and GCF sign $50 million green financing package with Suez Canal Bank

The European Bank for Reconstruction and Development EBRD, in cooperation with the European Union EU and the Green Climate Fund GCF, has announced the signing of its first financing package with Suez Canal Bank SCB, worth 50 million.

Central Bank of Egypt Announces an Upsurge in Financial Inclusion Rates to 76.3% in Egypt as of June 2025

Within the framework of the periodical follow-up on the implementation of the Financial Inclusion Strategy 2022-2025, the Central Bank of Egypt CBE released the core set of financial inclusion indicators. These indicators showed a substantial increase in the number of citizens owning and using active accounts that enable them to perform financial transactions whether bank accounts, Egypt Post accounts, mobile wallets, or prepaid cards reaching 53.8 million citizens in June 2025 out of a total of 70.5 million citizens 15 years and above, representing 76.3%, compared to 74.8 % in December 2024.

Hassan Abdalla Ranked Among the World’s Best Central Bank Governors by Global Finance

Global Finance magazine has released its annual Central Banker Report Cards 2025, which evaluates the performance of over 100 central bank governors worldwide. The assessment is based on key criteria including inflation control, currency stability, support for economic growth, and independence in decision-making.

Central Bank of Egypt Launches the Official Social Media Channels to Strengthen Public Outreach

As part of its ongoing commitment to expand public communication, the Central Bank of Egypt CBE has launched its official social media pages to provide timely updates.

CBE: Record Flows of USD 36.5 Billion from Remittances of Egyptians Abroad During FY 2024/2025

The FY 2024/2025 witnessed record flows of USD 36.5 billion remittances of Egyptians working abroad, up by 66.2% compared to around USD 21.9 billion during FY 2023/2024.

Bank NXT Launches ‘Private’ Segment to Provide Exclusive Banking and Non-Banking Services for High-Net-Worth Clients

Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, has announced the launch of its new Private segment. This new product provides an exclusive package of services for high-net-worth clients with a minimum balance of EGP 20 million or the equivalent in foreign currencies.

QNB first bank in GCC to launch Commercial Unified Digital Wallet Integration using Mastercard Gateway

QNB has achieved another major milestone by becoming the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gateway Hosted Checkout platform.

Central Bank: Reserve Money Rises to EGP 2.516 Trillion by End of July 2025

Capital Economics: Egypt’s economy continues to recover, supported by stronger pound

The UK-based research firm Capital Economics confirmed that Egypts economy is showing clear signs of recovery this year, driven by the appreciation of the Egyptian pound, a rebound in tourism activity, and a notable improvement in the current account balance.

Contact Financial Holding Reports Strong 1H-2025 Results with 24% Y-o-Y Growth in Consolidated Total Operating Income to EGP 1.1 Bn

Contact Financial Holding CNFN.CA, Egypts leading non-bank financial services provider, announced today its consolidated financial results for 1H-2025. The Group achieved a consolidated total operating income of EGP 1.1 bn, marking a 24% y-o-y increase

Central Bank of Egypt Hosts a High-level Delegation from the Central Bank of Iraq

In light of Egypts commitment to strengthening collaboration with fellow Arab states, the Central Bank of Egypt CBE hosted recently a high-level delegation the Central Bank of Iraq CBI, headed by the Deputy Governor. The visit aimed to exchange expertise across various areas related to central banking operations.

Visa Africa Fintech Accelerator Opens Applications for Fifth Cohort, Welcomes 22 Startups to Fourth  

Visa, a global leader in digital payments, announced that applications are open for the fifth cohort Cohort 5 of its Visa Africa Fintech Accelerator, a 12-week intensive program designed to help startups fast-track their growth and impact