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

Global stock markets crisis will not affect Egypt’s bonds issuance: CBE

An official source at the Central Bank of Egypt (CBE) said that…

Mohamed Samir Mohamed Samir

CBE governor reveals secret of FX reserves hike in January 2018

CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down…

Hossam Mounir Hossam Mounir

Foreign reserves hit record high of $38.21bn at end-January 2018

Volume of foreign currency liquidity up $1.036bn, gold up $135m, says CBE

Hossam Mounir Hossam Mounir

Five Egyptian investment banks receive MENA Fund Manager Performance Awards

Five Egyptian investments bank have received the MENA Fund Manager Performance Awards…

Daily News Egypt Daily News Egypt

SMEDA to launch 2nd stage of SMEs online platform in March

First stage was launched in August 2017, provided information about services for…

Hossam Mounir Hossam Mounir

EBI kicks off 2018 with launch of e-learning services: executive director

EBI trains more than 50,000 trainees annually, provides over 63,000 training hours,…

Hossam Mounir Hossam Mounir

AIBK, vaIU agree to support car sales for Uber drivers through installments

Protocol aims to boost financial inclusion in Egypt

Hossam Mounir Hossam Mounir

EALB studying granting EGP 3bn for various economic institutions’ activities

Bank contributed EGP 175m in joint loan granted to Memaar Al Morshedy 

Hossam Mounir Hossam Mounir

$10m loan to finance MSMEs from SANAD in partnership with Banque du Caire

The SANAD Fund for MSMEs (SANAD) announced, in a press statement on…

Mohamed Samir Mohamed Samir

IDWBE corporate financing portfolio up by EGP 1bn: vice chairperson

Bank aims to inject EGP 450m to link natural gas to 160,000…

Hossam Mounir Hossam Mounir