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 joins the list of official sponsors of African Cup of Nations Total 2019

We aim to be 1 of top 10 commercial banks in Egyptian…

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Bank Audi-Egypt adds ‘Meeza’ card features on its debit, credit cards

Bank Audi- Egypt aims to support development of electronic payment system in…

Hossam Mounir Hossam Mounir

Faisal Islamic Bank of Egypt assets reach EGP 95.86bn by end of May

The bank's total assets stood at EGP 95.86bn, up from EGP 84.44bn…

Hossam Mounir Hossam Mounir

IDB’s mortgage finance portfolio up to EGP 1bn for 10,000 clients

Bank signs cooperation protocol with MFF for allocation, sale of 488 housing…

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CIB’s Extraordinary General Assembly approves authorised capital increase to EGP 50bn

Assembly grants board of directors right to establish branches, agencies, offices in…

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CBE selects its historic building in downtown Cairo as the headquarters of FinTech Hub

Bank is launching its FinTech Hub, begins pilot phase in June

Hossam Mounir Hossam Mounir

EALB member of JoPACC directors board

The company aims to build and develop programmes and systems for electronic…

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Total of 43 foreign, domestic investors offer to invest $970.6m in Egyptian T-Bills

CBE accepts 24 offers worth $715m with 3.85-3.88% interest

Hossam Mounir Hossam Mounir

Citi invites Middle East, North Africa, Pakistan, Turkey Fintech Community

Group renews support to ‘Skills for Success: Employability Programme’ with AMIDEAST

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New Era for Egypt: Ban on cryptocurrencies to be lifted

Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that…

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