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

Egyptian banks strongly partake in Arab Financial Inclusion Week for 2nd year

Financial inclusion is a key pillar for achieving the state vision for…

Hossam Mounir

Bullish consensus on Egypt’s economic stabilization: Bank of America Merrill Lynch

A bullish consensus on the Egyptian economy was expressed at the recent…

Mohamed Samir

Decline in private sector’s share of bank loans to 63.2% end-2017: CBE

Banks still prefer to lend to government, abandon role in providing credit…

Hossam Mounir

United Bank launches UB Digital Wallet

Fintech has become main engine of growth for national economy, dissemination of…

Daily News Egypt

ABE, Visa launch partnership for cooperation in digital payments industry

The Agricultural Bank of Egypt (ABE) and Visa Inc have entered into…

Daily News Egypt

Egyptian market promising, has significant potential for Crédit Agricole Group:  CEO

CAE one of leading banks in group's 50-country operations, says Brassac

Hossam Mounir

NBE joins one of largest global blockchain initiatives

In line with Egypt’s national digital transformation strategy, and in support of…

Daily News Egypt

NBE aims to boost microfinance portfolio to EGP 4bn by 2020: deputy chairperson

Microfinance portfolio reached EGP 3.5bn end-March, says Aboul Fotouh

Hossam Mounir

AAIB named best investment bank in Egypt by Global Banking and Finance Review

Bank gateway to international investments in Egypt by providing best financial, investment…

Daily News Egypt

QNB Alahli’s loans portfolio reaches EGP 111bn end-March

Bank’s LTD scored 60% in November 2017, versus 44% average across Egyptian…

Daily News Egypt