The Impact of Foreign Banks entry in Egyptian Banking Sector on Local Banks Profitability and Performance

This study examines the impact of foreign banks' admission on the local banks working in Egypt during the period (2011-2021); the study counts on Central Bank of Egypt's (CBE) reports to access bank data and employ the World Bank database to identify macroeconomic variables. A multiple regression model was structured to examine the impact of foreign banks' admission on local banks by reviewing previous studies to select study variables. The study found a negative impact of foreign banks' entry on the local bank's performance during the mentioned period.