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

Mostadam Forum graduates new young bankers

Traditional concept of return on investments changed after introduction of new criteria…

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Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them

BM considering fate of 17% certificates, other savings vessels, says El-Damaty

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Banque du Caire hires Temenos to develop its banking information systems

Bank investing in human, technological capabilities to provide innovative banking, says Fayed

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NBE, Visa, e-finance sign partnership to push cashless society

Helwan University to become first university in Egypt with pillars of financial…

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BLOM Bank Egypt injects EGP 300m to raise capital to EGP 2bn

Successes achieved by bank in Egypt reflects prosperity of Egyptian economy, says…

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UNB-E eyes 5% market share in Egypt within 8 years: chairperson

Bank keen to contribute to major projects that strengthen Egyptian economy through…

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CBE cuts interest rates 100 bps for 2nd time in 2018

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided to…

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BLOM Bank Egypt targets market share of 1.5-2% in 5 years: Azhari

Bank’s general assembly agrees to pump EGP 300m, boosting capital to EGP…

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CBE to review interest rates on Thursday

Market uncertainty over expected MPC decision, as inflation eases, interest on dollar…

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CBE directs banks to stop granting credit facilities to medium companies within 12% initiative

Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…

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