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

Government T-bonds dues rise to EGP 699.168bn end-May

State to pay $18bn, €2bn between December 2018, February 2048

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HDB launches mobile service, prepares to launch internet banking by year-end

Launching service is important step in bank's targeted development plan, to keep…

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We are continuing to move economy, Egyptian people to unprecedented place: CBE governor

President showed great courage in face of challenges, giving us support to…

Hossam Mounir Hossam Mounir

CBE offers $715m worth of T-Bills

Offering's proceeds to cover earlier offering made on 16 June 2017

Hossam Mounir Hossam Mounir

ADIB-Egypt fastest growing of three Islamic banks in Egypt

Bank’s Q1 2018 net income records EGP 159m, doubling y-o-y, 21% higher…

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Beltone reveals strengths, weaknesses of 10 banks in Egypt

HDB, Credit Agricole Egypt, Faisal Islamic Bank results above expectations, ADIB's lower…

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IDWBE allocates EGP 132m to fund establishment of first commodity stock exchange in Middle East

Exchange to provide 70% of market’s needs, comes within plan for funding,…

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AlexBank signs cooperation protocol with Agriculture Ministry to develop Egypt’s livestock

Signing protocol is based on bank’s belief in importance of supporting SMEs,…

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NBE signs cooperation protocol with Water Resources Ministry to fund modern irrigation projects

EGP 3bn funding for agricultural activities, other related ones, says Okasha

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