Banking

The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
Latest Banking News

HDB offers digital services compatible with all customer segments: Chairperson

HDB Net presents over 15 comprehensive online banking services, says Hassan Ghanem

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COVID-19 helps banks expand in digital services: CIB Official

CIB adopts long-term strategy to develop digital channels, automate payments, says Mohamed…

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Time for digital revolution in Egyptian banking system

CBE takes steady steps, initiatives to support fintech in Egypt

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Al-Sisi directs banks in Egypt to continue local market support, development financing

About EGP 180bn has been invested in 120,000 companies as part of…

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HDB reports EGP 1.3bn in PBT during H1 2020 despite COVID-19

Bank’s portfolio of customer loans and facilities achieves 8.6% growth to EGP…

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Suez Canal Bank reports 31% net profit growth in June

Bank sells its entire stake in MIDOR to EGPC for $30.6m

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CBE reveals reasons behind July inflation decline

Annual headline urban inflation declines to 4.2% in July, from 5.6% in…

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Egypt banks celebrate International Youth Day with increased support for financial inclusion

Egyptian banks to support new accounts at no minimum amount or fees,…

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Businesses plan major operational changes as resilience prioritised: HSBC Navigator

The new Navigator report, “Building Back Better”, from HSBC Commercial Banking, shows…

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EALB to increase social housing finance to EGP 2bn

Bank’s mortgage finance portfolio has doubled to 8,000 clients

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