Monday, August 31, 2026

Banks

Egypt’s Digital Banks Promise Disruption — With Incumbents in Control

Onebank has become Egypt’s first licensed digital bank and CIB is putting $300mn behind yomo. But the emerging model...

Credibility, Governance and Financial Discipline Reframe UK Fintech as Bank of London Losses Near £160 Million

The rapid rise of financial technology firms in the United Kingdom—accelerating between 2018 and 2021—was driven by a powerful...

Switzerland’s Private Banking at a Crossroads Transparency Unveiled, Tax risk For Large Accounts, and a fierce Asian competition

Switzerland’s centuries-old reputation as the world’s premier private banking refuge—built on pillars of secrecy, stability, and neutrality—is under siege....

Swiss Private Banks Defy Global Turmoil as Sector’s (AUM) exceed $4.0Tn

Despite a year clouded by geopolitical volatility, persistent inflation, and retreating global liquidity, Swiss private banks are enjoying a...

MSMEDA and Banque Misr’s Strategic Partnership for Future Growth

In a forward-thinking move that highlights Egypt’s commitment to expanding its digital economy, the Micro, Small, and Medium Enterprise...

NBE, Banque Misr, CIB launch Apple Pay activation trials for secure contactless payments

The National Bank of Egypt (NBE) launched Apple Pay service activation trials for secure contactless payments, Chairman of the NBE...

Ezz al-Arab back as CIB’s CEO promising a New Era of Achievements

In a significant move poised to shape the future of Egypt's financial landscape, the Commercial International Bank (CIB), the...

CBE allows non-residing foreigners to open bank accounts in Egypt

Central Bank of Egypt (CBE) directed banks in Egypt to open accounts for foreign clients who are not residents...

The Middle East Observer

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