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 asks banks to monitor some customer accounts

The Central Bank of Egypt (CBE) requested that banks operating in the…

Daily News Egypt

ABE aims injecting EGP 4.5bn in new loans during 2018: El Kosayar

ABE directs about 80% of loan portfolio to agricultural, livestock sectors, associated…

Hossam Mounir

ABE, 3 government agencies manage provision of livestock, distribution to small breeders

Bank will provide necessary funds for livestock imports, says El Kosayar

Hossam Mounir

CBE issues standard criteria for accepting electronic payment using QR Code

Standard criteria is a new step towards digital economy and contributing to…

Hossam Mounir

Banking experts expect economy to boom in 2018

Energy, construction, SMEs will playbiggest role in raising economic growth rates this…

Hossam Mounir

Arab Investment Bank aims to boost loans portfolio to EGP 15bn by end-2018: chairperson

We eye 50% growth in financing, 30% in deposits, profits, says Seif…

Hossam Mounir

Egypt to reap economic reform fruits in 2018:  El-Damaty

Banks will focus on financing renewable energy, construction, communications sectors in coming…

Hossam Mounir

2018 is year of transition, not prosperity: Kamal

State continues to import most production components, many goods, case which may…

Daily News Egypt

2018 to see 6% economic growth rates in 2018: El-Kosayer 

Public debt is still safe and, unlikely to increase, keeping the current…

Hossam Mounir

Industry future of state in coming period next to SMEs: Fahmy

Energy sector is most prominent sector that can contribute strongly to growth,…

Hossam Mounir