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

Banking draft law to be sent to parliament for approval before end-May: source

It stipulates establishment of committee chaired by prime minister to maintain stability…

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US dollar continues decline below EGP 17 for first time in two years: CBE

The average price of US dollar in banks reached EGP 16.99 for…

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US dollar hits EGP 16.99 mark for first time since March 2017

The average dollar price on Wednesday recorded EGP 17.01 to buy and…

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Pound appreciated 84 piasters since beginning of 2019: CBE

US currency is approaching EGP 17 against pound, as foreign exchange flows…

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Attijariwafa Bank launches Africa Development Club in Egypt

Egypt is first destination for foreign investment in Africa, says El Kettani

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NBE aims to attract more UAE investors to Egyptian market

Bank successfully concluded several transactions with numerous UAE investors for investments in…

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Suez Canal Bank opens 44th branch

Chairperson inaugurates new branch in Beni Suef

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EALB launches new retail banking package for first time in its history

Bank turned into real estate investment, commercial bank within short period of…

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National Bank of Greece-Egypt leaves market after 100 years

Assets sold to Bank Audi worth €110m including loans, deposits, securities,17 branches…

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