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

EALB member of JoPACC directors board

The company aims to build and develop programmes and systems for electronic…

Hossam Mounir

Total of 43 foreign, domestic investors offer to invest $970.6m in Egyptian T-Bills

CBE accepts 24 offers worth $715m with 3.85-3.88% interest

Hossam Mounir

Citi invites Middle East, North Africa, Pakistan, Turkey Fintech Community

Group renews support to ‘Skills for Success: Employability Programme’ with AMIDEAST

Nevine Kamel

New Era for Egypt: Ban on cryptocurrencies to be lifted

Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that…

Daily News Egypt

US dollar value continues decline against EGP in banks on Monday

The US dollar lost two piasters in the Egyptian National Bank and…

Nehal Samir

13 banks in Egypt score EGP 8.48bn in net profits in 1Q19

CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal…

Hossam Mounir

AlexBank, SBC, Pride Capital partner to bring world’s biggest FinTech accelerator to Egypt

The Fintech accelerator programme is considered the first of its kind in…

Hossam Mounir

Bank Audi net profit score EGP 326m in Q1 2019

Bank will continue to grow as one of most important banking institutions…

Daily News Egypt

CDC given approval to lend up to $200m Tier 2 capital to Egyptian banks

Increasing focus on Egypt will see CDC appoint country representative

Daily News Egypt