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

Faisal Islamic Bank intends to increase its capital by $73.36m

Bank's business increased to EGP 95.98bn end-February, against EGP 84.43bn in February…

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Kabil joins HDB board

The Housing and Development Bank’s (HDB) general assembly approved on Wednesday the…

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Fayed selected as FEB board member

Banque du Caire's chairperson holds over 30 years of banking experience in…

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NBE’s syndicated loans reach EGP 15bn in 1Q19

Bank ranked first in Egyptian market as bookrunner, agent, marketer of joint…

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Attijariwafa Bank Egypt to be amongst biggest 10 banks in local market end-2022: Managing Director

We are taking concrete steps toward achieving bank's expansion strategy, and are…

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Egypt’s balance of international bonds in European currency rises to €4bn

Finance Ministry launches 2 new tranches, one for 6-year term worth €750m,…

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Three Egyptian banks among 500 best banking brands in world

List includes NBE, Banque Misr, CIB – Egypt

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EGP 550m increase in HDB profits in 2018

Net profit per share increases to EGP 12.89, compared to EGP 6.55…

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NBE net profits reach EGP 10.1bn by end-June 2018

Bank has carried out settlements for troubled loans by EGP 6bn for…

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