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

FEB, CBE launche initiative to support coronavirus affected

Bank donations divided into four segments according to 2019 profits

Hossam Mounir Hossam Mounir

CBE temporarily regulates cash deposits, withdrawals

CBE sets daily limit for cash deposits, withdrawals in branches of EGP…

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Over 5 million beneficiaries for loan installments postponement: CBE

Banks reveal initiative details initiative, microloans in trouble

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Expectations of EGP depreciation against US dollar groundless: Expert

Global crises, like the coronavirus outbreak, examine the strength of Egyptian monetary…

Hossam Mounir Hossam Mounir

EGP 29.4bn in sales of NBE, Banque Misr 15% saving certificates in 5 days

New saving certificates issued by NBE and Banque Misr gain LE 10.7…

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CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative

Initiative allows access to subsidised loans at declining 8% interest rate

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EBI launches remote evaluation services for bank employees

Evaluation covers technical knowledge, English language tests, behavioural assessment, says Nosseir

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Ministry of Agriculture, ABE cooperate to support poultry farmers, milk collection centres

The protocol was signed by Alaa Farouk Zaky, Chairperson of the bank…

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CBE offers 2-year hotel loans with 6-month grace 

Government halts administrative distraint on defaulters in tourism sector for one year

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NSB defers loan repayments for 6 months under CBE’s initiative

Vice Chairperson and CEO of NSB Sharif Farouk denied what was reported…

Hossam Mounir Hossam Mounir