Playing a crucial role in the development of Egypt, the banking industry is among the oldest and most mature in the region. The banking sector consists of commercial banks and financial institutions that operate in the fields of investment and provide credit to various sectors. Despite recent upheaval in Egypt's socio-political landscape, bank authorities have expressed optimism in the country's future as the industry adjusts to the regulatory changes.
Lending regulations with stricter criteria have been introduced, while credit to small and medium-sized enterprises is set to see a boost. Private equity and venture capital players are expanding financing options for smaller companies.