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

NBE-led coalition finances nitrate project for Abu Qir Fertilizer

Abu Qir Fertilisers and Chemical Industries Holding Company’s board of directors decided…

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CBE reviews interest rates

Market expectations shift from cuts to maintaining

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ABE injects EGP 300m into veal project over 7 months: chairperson

Bank offered loans to 2,158 customers to feed, fatten 22,400 cattle nationwide,…

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Remittances record $17.3bn in 8 months: CBE

Egypt receives foreign exchange inflows of about $120bn since flotation, says Amer

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NBE signs cooperation agreement with Ministry of Antiquities to develop archaeological sites

Areas to be developed include Pyramids of Giza, Temples of Phila, Abu…

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Strong expectations for new cut in pound interest on Thursday

MPC trimmed key interest rates by 2% since beginning of 2018 after…

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Local, foreign financial institutions offer to invest $1.28bn in T-bills

CBE accepts $1.1bn, with average interest of 3.29%

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Can fintech companies replace banks?

Cooperation between two financial services providers required for benefit of all, bankers…

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