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

Pound appreciated 84 piasters since beginning of 2019: CBE

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

Hossam Mounir

Attijariwafa Bank launches Africa Development Club in Egypt

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

Hossam Mounir

NBE aims to attract more UAE investors to Egyptian market

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

Hossam Mounir

Suez Canal Bank opens 44th branch

Chairperson inaugurates new branch in Beni Suef

Daily News Egypt

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

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

Daily News Egypt

National Bank of Greece-Egypt leaves market after 100 years

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

Hossam Mounir

IDB’s net profits reach EGP 136m in M4 of 2019

Bank allocates EGP 500m to develop its technological infrastructure for modern banking…

Hossam Mounir

CBE governor, communications minister discuss expanding banking services in villages

Amer witnesses signing cooperation protocol to train workers of banking sector in…

Hossam Mounir

Egypt’s external debt rises to $96.6bn by end of December: CBE

Egypt's external debt rose to $96.6bn by the end of December 2018,…

Hossam Mounir