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

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

CIB profits reach EGP 2.64bn in Q1 of 2019

Total bank assets increase to EGP 351.68bn until end-March

Hossam Mounir

IDB allocates EGP 500m to develop bank’s technological infrastructure

We aim to increase the branches to 50 by 2023 up from…

Hossam Mounir

Al-Sharqawi represents Misr Insurance Company at SAIB Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Ashraf…

Daily News Egypt

Hussein Elgretly appointed as non-executive member of Suez Canal Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Hussein…

Daily News Egypt