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 governor calls for enhancing independence of central banks in Africa

During meeting of Association of African Central Banks in Dakar

Hossam Mounir

Banque du Caire opens regional office in UAE for Gulf customers

Enhancing bank’s existence abroad one of our top priorities, says Fayed

Hossam Mounir

CBE, AFI co-organise working group meetings in Cairo

The Central Bank of Egypt (CBE) and the Alliance for Financial Inclusion…

Daily News Egypt

CBE, government welcome parliament’s approval of E-Payment Law: CBE’s deputy governor

The Central Bank of Egypt (CBE) welcomed the parliament’s approval of the…

Daily News Egypt

Annual inflation rates increase 1.7% to reach 13.9% in February 2019: CAPMAS

Vegetables, poultry, milk, cheese, eggs push monthly inflation to 1.8% in February…

Hossam Mounir

US dollar hits its lowest in two years

US currency lost 8.11 piasters last week, losing 49 piasters since January…

Hossam Mounir

Fate of inked banknotes remains vague

Rumours of banning banknotes with handwritings on them, banks deny, CBE silent

Hossam Mounir

CBE imposes sanctions on 28 currency exchange companies in 2018

Procedure came as result of violations to CBE’s regulations, conditions

Hossam Mounir

Attijariwafa Bank, Global Lease sign SME support protocol

Attijariwafa Bank Egypt and Global Lease Company have signed a joint protocol…

Hossam Mounir