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 hosts 41st annual meeting of AACB

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

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

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

Five key themes of IDB launch: chairperson

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

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

IDB signs protocol with SMEDA to provide microfinance services

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

Hossam Mounir

CBE reveals several important indicators of performance of banks during Q1 2018

More than EGP 39bn increase in volume of deposits, EGP 85.2bn in…

Hossam Mounir

Defaulting clients visiting government banks to settle their debts

Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…

Hossam Mounir

Al Ahly Exchange branches increase to seven

NBE aims to expand aggressively in non-bank financial activities, says chairperson

Daily News Egypt