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

Procedures for exit of National Bank of Greece from Egypt did not start yet: senior official

Bank's management in Egypt has not received any formal requests for technical…

Hossam Mounir Hossam Mounir

ABE settles outstanding debts for 480 customers worth EGP 38m within CBE initiative: chairperson

Bank's bad debt portfolio declined to 13% of total loan portfolio, aims…

Hossam Mounir Hossam Mounir

Governance is essential for banking sector to protect rights of shareholders, depositors: Suez Canal Bank head

Setting policies to ensure transparency, disclosure when dealing with CBE, FRA, says…

Daily News Egypt Daily News Egypt

CBE hosts 41st annual meeting of AACB

Meeting held for first time in Egypt, with 40 African delegations

Hossam Mounir Hossam Mounir

NBE, EIB sign €375m agreement to finance Egyptian SMEs

SME portfolio amounted to EGP 44bn at end of June, says Okasha

Hossam Mounir Hossam Mounir

Banque du Caire issues 36,000 Aman certificates worth EGP 38.2m: bank chairperson

There are other purchase requests under implementation worth EGP 213m, 10 bank…

Hossam Mounir Hossam Mounir

Five key themes of IDB launch: chairperson

We aim to overcome financial position problem, deferred losses by end of…

Hossam Mounir Hossam Mounir

Banque du Caire decides to disburse employees’ share of profits for FY 2017

Monthly allowance of employees increased, in addition to periodic, extraordinary bonuses

Daily News Egypt Daily News Egypt

IDB signs protocol with SMEDA to provide microfinance services

Bank aims to access 100,000 clients to provide jobs, curb unemployment

Hossam Mounir Hossam Mounir