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

NBE renovates 229 branches: Aboul Fotouh

Bank reopens Montazah branch after development

Daily News Egypt

Abdeen receives Banker of the Year Award for GCC

Mohamed Nasr Abdeen, vice chairperson of Union National Bank-Egypt, received the 2017…

Daily News Egypt

EBI organises lecture on IFRS 9 standards

A few days ago, the Egyptian Banking Institute (EBI) organised a seminar…

Daily News Egypt

FEB, FEI organise conference on transformation into non-monetary economy for 16 January

The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries…

Daily News Egypt

Fintech in Egypt: the wheels turn slowly

It appears that businesses and individuals in Egypt need to adapt to…

Daily News Egypt

Strong expectations to fix pound’s interest rate at Thursday CBE meeting

MPC to hold 8 meetings in 2018 to look into destiny of…

Hossam Mounir

Banks financed foreign trade operations worth $70.8bn from pound floatation to 14 December 2017: CBE

The total volume of foreign trade operations implemented by banks working in…

Hossam Mounir

MSME finances 227,000 projects worth EGP 1.93bn in Beheira

Authority provided grants worth EGP 250m for implementation of labour-intensive infrastructure projects,…

Hossam Mounir

Why will CBE not allow Sawiris to establish a bank?

Majority of major banks in world started as family businesses

Hossam Mounir