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

EBI implements a development plan to stay up-to-date with new world of training: Executive Director

Development process includes training programmes, methodologies, infrastructure, digital architecture, says Nossier

Hossam Mounir Hossam Mounir

Egyptian Arab Land Bank signs cooperation protocol with Nile Capital Holding

Protocol to finance microenterprises, private education, urban development, contracting, health care services,…

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HDB partakes in Nile Pioneers Initiative by financing of bank’s incubator for construction

Thirty business development centres established in several governorates, will increase in future…

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Foreign investments in T-bills increase by $2.4bn in January

This increase followed nine-month wave of decline

Hossam Mounir Hossam Mounir

ADIB-Egypt’s profits jump by 35% to EGP 850m in 2018

Bank to settle tax disputes of EGP 1bn by 2020, says ADIB-Egypt’s…

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MSMEDA expects $200m, €107m funds to be reinjected into micro, small projects

‘We are anticipating president’s approval on several deals of $200m with World…

Hossam Mounir Hossam Mounir

Banque du Caire participates in Nile Pioneers initiative to support entrepreneurship

We participate in all important events supporting state plans for sustainable development:…

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Limited response from banks to CBE’s decision to cut interest in first week

Banks move interest on variable yield certificates, others cut interest on deposits,…

Hossam Mounir Hossam Mounir

HDB, Civil Status Organization sign protocol over clients’ database

The Deputy Chairperson and Managing Director of the Housing and Development Bank…

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CBE sets new controls for mortgage finance initiative for low-income individuals

Mortgage finance will be provided for clients who meet CBE’s conditions

Hossam Mounir Hossam Mounir