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

ABE issues 168,000 Aman El-Masreen certificates worth EGP 183m in five months

Aman certificates' outcome confirmed bank's role in supporting state plan of financial…

Hossam Mounir Hossam Mounir

NBK – Egypt allocates EGP 30m for CSR in 2018: CEO

Bank signs a cooperation agreement with Zewail City for Science and Technology…

Hossam Mounir Hossam Mounir

Banks inject loans worth EGP 35.861bn, attract deposits worth EGP 41.5bn in April 2018: CBE

Private sector acquired 61.7% of total loans, EGP 11.4bn increase in individual…

Hossam Mounir Hossam Mounir

Foreign investments in treasury bills decline by EGP 64.8bn in May: CBE

This is not worrisome, as CBE is experienced in dealing with these…

Hossam Mounir Hossam Mounir

United Bank, Sudanese delegation discuss enhancing cooperation between financial, banking institutions

Bank offers range of services, credit solutions, technical consultations to support Egyptian…

Hossam Mounir Hossam Mounir

ABE signs technical, structural support agreement with RIAS, SANAD

Agreement aims to benefit ABE from experiences of Dutch Rabobank in supporting…

Hossam Mounir Hossam Mounir

CBE to officially launch national payment card in electronic market by end of December

10% increase in electronic payment helps rising GDP with $1.5bn: sub-governor

Hagar Omran Hagar Omran

Egypt’s foreign debt jumps to $88.1bn end-March: CBE

Local public debt rose by EGP 122.1bn in Q1 2018

Hossam Mounir Hossam Mounir

ABK-Egypt net profits register EGP 251m in H1 2018

Egyptian economy received wide international praise, reflected positively on banking market, says…

Hossam Mounir Hossam Mounir

Foreign Currencies in FX reserves up by $2.13bn in July, CBE

SDRs down by $1.017bn, gold in reserves drop by $54m

Hossam Mounir Hossam Mounir