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

EBI limits its training services to e-learning due to COVID-19

Total number of trainees through e-learning reached 20,000 until February 2020: EBI…

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CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

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CBE reviews efforts to support e-payment, FinTech systems

CBE launches Meeza, Non-Cash Payment Law, FinTech Regulatory Sandbox, e-collection of government's…

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Dollar adds 6 pt for its value against Egyptian pound, records EGP 15.65 at end of Monday’s trading

On Monday, the official price of the dollar at the Central Bank…

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Creating job opportunities essential job of central banks: CBE Deputy Governor

CBE supports economy with many initiatives in face of crises such as…

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Nilepreneurs: national initiative aims to support small projects, entrepreneurs

Initiative seeks to provide comprehensive, effective infrastructure to support small projects

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CBE to issue EGP 212.5bn worth T-Bills, Bonds in 3Q20

16 T-Bills bids worth EGP 175bn, 10 T-Bonds bids worth EGP 37.5bn…

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Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE

Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%

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NBE provides EGP 1bn credit facilities to Fiber Misr

The signing ceremony was attended by Chairperson of NBE Hesham Okasha, Chairperson…

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Suez Canal Bank’s profit reach EGP 542.2m by end of 2019

Deposits up by EGP 5.5bn, loans increase by EGP 1.9bn in one…

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