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

Attijariwafa Bank Egypt implements $1.7bn worth trade operations in 2018

‘We aim to increase these operations by 50% this year in line…

Hossam Mounir

Capital flows will be linked to three factors: CBE

January 2019 saw return of capital to EM since exodus in February…

Hossam Mounir

Crédit Agricole Egypt inaugurates first cashless branch

Bank follows its strategy toward supporting digital transformation

Daily News Egypt

Credit Agricole Egypt prepares to comply with new banking law, increase capital to EGP 5bn: Managing Director

The parent group supports bank’s unity in Egypt due to importance of…

Hossam Mounir

Basic interest rates, future outlook of inflation consistent with our goals: CBE

Egypt’s real GDP growth softened to 5.3% Q3 2018, unemployment rate inched…

Hossam Mounir

Faisal Islamic Bank intends to increase its capital by $73.36m

Bank's business increased to EGP 95.98bn end-February, against EGP 84.43bn in February…

Hossam Mounir

Kabil joins HDB board

The Housing and Development Bank’s (HDB) general assembly approved on Wednesday the…

Daily News Egypt

Fayed selected as FEB board member

Banque du Caire's chairperson holds over 30 years of banking experience in…

Hossam Mounir