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

NBE manages loans, grants worth €330m to fund EPAP, bank chairperson says

Bank signed 3 new agreements to fund Semadco, Emisal, AMOC with €25m…

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NBE launches first phase of electronic service branch project

First phase of project includes 4 branches in Nasr City, Fifth settlement,…

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United Bank’s mortgage portfolio scored EGP 235m: Chairperson

Bank funded housing units purchase for 1,850 clients, says El-Kady

Hossam Mounir Hossam Mounir

Banque du Caire launches electronic loan repayment service, credit card payments in cooperation with Fawry

Service reduces time, effort exerted by customers, supports premium banking services: Banque…

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NBE, BM issue first national payment card

Card targets over 20 million Egyptian citizens who do not deal with…

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NBE’s syndicated loans share in Africa amounts to 9.7%: Bloomberg

Bank lead Egyptian market in joint loans in 2018

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MSMEDA injects EGP 5.3bn to fund 247,000 projects in 2018

EGP 5.3bn were allocated to fund 247,000 small, micro projects, providing 395,000…

Hossam Mounir Hossam Mounir

Egypt’s foreign reserves down to 42.551bn in December: CBE

Egypt’s foreign currency reserves fell to $42.551bn in December, down from a…

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CBE’s interest rates consistent with aim of attaining single digit inflation once state’s fiscal consolidation programme ends: CBE

Measures to control country’s finances expected to temporarily affect private consumption recovery…

Hossam Mounir Hossam Mounir

NBE launches phase 2 of Al Ahly Net

Launching service comes within framework of NBE strategy pursued to activate decisions,…

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