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

How to get a personal loan from AlexBank

If you are a government or private sector employee whose employer transfers…

Daily News Egypt

Islamic banking valued at EGP 240bn at end-2017

The volume of Islamic banking in Egypt by the end of 2017…

Daily News Egypt

ABE launches electronic portfolio

The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…

Daily News Egypt

CBE activates electronic link between Egyptian banks, COMESA countries

The Central Bank of Egypt (CBE) held a workshop attended by 60…

Daily News Egypt

AIBK signs partnership agreement with Fawry to provide e-payment services

Cooperation with Fawry is beginning of digital banking services, says Seif El-Nasr 

Daily News Egypt

NBE aims to increase assets to EGP 1.5tn by end-June 2018: vice chairperson 

Bank seeks to increase its loans for major companies to EGP 350bn,…

Hossam Mounir

NBE, Banque Misr discontinue their 20% interest rate saving certificates

The National Bank of Egypt (NBE) will discontinue offering the platinum saving…

Hossam Mounir

CBE lowers interest rates 1% for the first time since floatation

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

Mohamed Samir

Women receive 51% of total loans offered by SMEDA in 2017

Women more likely than men to pay off loans, the rate of…

Hossam Mounir

Egypt’s international bonds rise to $16.64bn

Bonds are maturities ranging from 1-30 years, due in period from April…

Hossam Mounir