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

NBK – Egypt targets 20% total growth in 2018: CEO & managing director

NBK Group fully believes in Egyptian market, potential opportunities it offers, promising…

Hossam Mounir

NBE deposits at EGP 900bn, loans EGP 400bn up to mid-December 2017: bank VP

We aim to achieve growth rates of 15-20% by end-June 2018, our…

Hossam Mounir

How to obtain a personal loan from Banque du Caire?

Banque du Caire offers personal loans to public and private sector employees,…

Daily News Egypt

Private sector loans from banks amounted to EGP 1.058tn

The volume of loans obtained by the private sector from banks increased…

Daily News Egypt

Bank investments in T-bills amounted to EGP 564.3bn

The total investments initiated by banks operating in the Egyptian market amounted…

Daily News Egypt

Overall bank balance of payments surplus estimated at EGP 4.68tn

The overall balance of payments (BoP) surplus of banks operating in the…

Daily News Egypt

Foreign remittances reach $24.2bn a year since floatation

Increase among results of floatation, proof of confidence in Egyptian banks: CBE

Hossam Mounir

EGP 51.9bn increase in deposits, EGP12.7bn increase in bank credit facilities during September 2017: CBE

Private sector received 61.95% of total non-governmental credit facilities in banks, industry…

Hossam Mounir

EGP 49bn increase in loans for SMEs in 1 year: CBE deputy governor

CBE met NBG officials to identify bank strategy, no formal request yet…

Hossam Mounir

Egypt is among important foreign markets for NBK Group

NBK celebrates 10 years in Egyptian market

Hossam Mounir