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

$1.5bn surplus in Q1 FY 2017/2018 balance of payments: CBE

Exports increased to $5.8bn between July and September 2017, against $14.8bn imports

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CBE offers $1bn worth of T-bills on Monday

Proceeds to cover earlier offering made on 13 December 2016 worth $1.1185bn

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How to get a car loan from AAIB

The Arab African International Bank (AAIB) requires owning an account at the…

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IDWBE loans portfolio up EGP 3bn in 18 months

Deposits up EGP 10bn from April 2016 to October 2017, says Fahmy

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CBE approves ABE EGP 200m for veal project from SMEs portfolio

Bank to sign EGP 50m contract with MSMES Development Agency to finance…

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NBE funds external operations worth $18.5bn in 13 months: bank’s vice president

Bank foreign exchange earnings $17bn from 3 November 2016 to 5 December…

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Egypt did not request extending maturity of CBE $2bn Kuwaiti deposit: senior government official

UAE agreed to extend the maturity of its $2bn deposit with CBE…

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MSMEs Development Agency launches first electronic platform for SMEs

The Mirco, Small, and Medium Enterprises Development Agency (MSMEs Development Agency) will…

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EMF discusses electronic portal to pay micro-credit via mobile

The Egyptian Microfinance Federation (EMF) organised on Wednesday a panel discussion on…

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EBI holds a seminar on fintech Monday

The Research and Awareness Department at the Egyptian Banking Institute (EBI) is…

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