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

US dollar continues to fall against pound, losing 7 piasters

Market watching exchange trade trend, amid expectations of further appreciation of pound

Hossam Mounir Hossam Mounir

Dollar value falls by over EGP 0.22, biggest decline in 9 months

American currency supply increases in interbank market amid resumption of foreign investment…

Hossam Mounir Hossam Mounir

“We work with clients to boost digital commerce in 2019”: Visa GM in North Africa

Visa will exert all efforts to make Cup of African Nations memorable…

Hossam Mounir Hossam Mounir

Banks move toward digitisation, fintech

NBE launches first e-service branch; Banque du Caire to introduce first smart…

Hossam Mounir Hossam Mounir

I-Score launches inquiry product through internet in H1of 2019

Database of I-score now includes 15.5 million clients and 300,000 SMEs

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Six important targets for ABE to achieve in 2019: Chairperson

'We aim to increase bank's role in microfinance, financial inclusion, expand e-payments':…

Hossam Mounir Hossam Mounir

NBE eyes 15%-20% growth in its various activities during 2019: Vice Chairperson

Industry bank’s top priority due to its positive impacts on economy overall:…

Hossam Mounir Hossam Mounir

UNB-E aims to achieve 40% growth rate in 2019: Vice Chairperson

Bank has ambitious plans to expand in SMEs to reach various social…

Hossam Mounir Hossam Mounir