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

Await bigger role for Suez Canal Bank in supporting Egyptian economy during coming period: chairperson

10% Growth in total financial position of Suez Canal Bank to reach…

Hossam Mounir Hossam Mounir

Achievements of economic reform programme promising internally, externally: El-Kady

The state supported by the plan of the CBE is working to…

Hossam Mounir Hossam Mounir

Long-term investment in Egypt to provide higher ROI than government debt instruments: Gadallah

Large real estate projects best option for government to bring about rapid…

Hossam Mounir Hossam Mounir

Egypt’s economy growth potential considered enormous, subsequently banking sector: Abaza

Egyptian market filled with lucrative, untapped opportunities, says CEO, board member at…

Hossam Mounir Hossam Mounir

Egyptian economy witnesses strong signs of improvement after corrective measures taken by government: Berro

Daily News Egypt sat down for an interview with Berro, whereby he…

Hossam Mounir Hossam Mounir

Cabinet approves agreement with EBRD to upgrade metro

Agreement previously signed in August to develop line 1

Daily News Egypt Daily News Egypt

Hassan Abdalla appointed as first assistant to CBE governor, Elwy as CEO of AAIB

Abdalla has served as the former chairperson of the Saib Bank, chairperson…

Hossam Mounir Hossam Mounir

NBE, China Development Bank sign $600m loan agreement

Loan to be channelled to finance working capital of NBE's clients

Hossam Mounir Hossam Mounir

FX Reserves up to $44.419bn end of August: CBE

Foreign currencies up by $167m, gold down by $23m

Hossam Mounir Hossam Mounir

CDB’s total loan commitment to Egypt reaches $5.3bn

Bank likely to inject $2bn in local market by end of 2018,…

Hagar Omran Hagar Omran