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

CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals

Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…

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CBE to launch innovation support fund worth EGP 1bn in H1 2019: CBE deputy governor

Banks injected EGP 85bn to fund SMEs within CBE’s initiative thus far,…

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HC Securities expects deceleration of annual inflation, MPC to keep interest rates unchanged

Recent decision to hike fuel costs was by market, despite not announcing…

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Deposits up EGP 52bn, loans EGP 27bn end-February: CBE

Banks’ investments in stocks, bonds down EGP 37bn

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Banque du Caire signs cooperation protocol with Minya to promote, market assets

Joint working mechanism being discussed between Banque du Caire, Minya to provide…

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UAB to highlight green banking in Hurghada forum

Forum will be held between 26, 28 July in cooperation with CBE,…

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CIB first Middle East institution to be included as case study in London Business School curriculum

The London Business School announced the inclusion of Commercial International Bank -…

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Egyptian banks’ aggregate financial position breaks $5tn end-March 2018: CBE

EGP 24.376bn total profits in market, top five banks account for 64.875%

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IDWBE SMEs portfolio registers EGP 2.6bn

We managed to finance 70,000 clients, link gas to 92,000 residential units…

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Amer briefs new PM on forex reserves updates, monetary, financial policy legislation

CBE governor discusses with communications minister enhancing cooperation to transform into digital…

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