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

Domestic public debt records EGP 4.205tr in end-March

Domestic debt records 79% of GDP, of which 86.4% is owed by…

Hossam Mounir Hossam Mounir

Subscription in ATAA charitable fund to start on 7 October: NSB

The NSB's board of directors agreed to allow Banque Misr, the National…

Hossam Mounir Hossam Mounir

ABE participates in launching digital platform for agriculture

This platform recognises the ABE’s role in the digital transformation in Egypt,…

Hossam Mounir Hossam Mounir

EBE allocates EGP 200m to develop its technological infrastructure in FY 2019/20

In a statement to Daily News Egypt during his participation at the…

Daily News Egypt Daily News Egypt

Non-bank financial activities use financial technology to shape new future

The FRA's plan includes proposing the appropriate legislative amendment to adopt electronic…

Alyaa Stohy Alyaa Stohy

Successes achieved in financial inclusion qualify Egypt to become regional fintech centre: Raouf

Egyptian Banks Company has completed all the technical, infrastructure matters necessary to…

Hossam Mounir Hossam Mounir

Egypt becoming more business friendly, progressing toward digital economy: Blanchet

Banks play an important role in supporting, promoting FDI, financial inclusion

Hossam Mounir Hossam Mounir

Banks’ demand for fintech training programmes dramatically increased: Nossier

There is constant cooperation, coordination between EBI, CBE's payment systems, IT department

Hossam Mounir Hossam Mounir

UNB-Egypt to expand strongly in technological services over next 5 years: El Sewerky

‘We are contracting an electronic payment company to provide repayment of loan…

Hossam Mounir Hossam Mounir

E-Banking future of banks inside, outside Egypt: Ozalp

Blom Bank Egypt launches contactless payment service via credit, debit cards

Hossam Mounir Hossam Mounir