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

EBRD provides 7 Egyptian banks $225m

Funding is reallocated for SMEs, women, green projects, and foreign trade

Hossam Mounir Hossam Mounir

CBE reaches terms for $3.1bn financing from international banks

CBE repaid total sum of $2bn on November 9, honouring Repurchase Transaction…

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ADIB appoints Mohamed Aly as CEO, MD of ADIB Egypt

Abu Dhabi Islamic Bank (ADIB) has appointed Mohamed Aly as CEO of…

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United Bank establishes specialised technical, advisory support unit for entrepreneurs

The unit aims to ensure the continuity of the project and the…

Hossam Mounir Hossam Mounir

How to get microfinance from Banque Misr

Banque Misr serves micro entrepreneurs through 197 branches nationwide

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Green project bonds worth USD100bn in world market

Director of the Research Department at the Egyptian Banking Institute (EBI) Ola…

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17 banks involved in financing limited and middle-income housing

"There are 17 banks and three companies participating in the CBE’s initiative…

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IDBE-Egypt expands real estate finance

Chairperson of the Board of Directors of the Industrial Development Bank and…

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CIB profits EGP5.7bn in 9 months 

Commercial International Bank (CIB) posted a record profit of EGP 2.1bn in…

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BM SMEs portfolio registers EGP 4.4bn at end of June

Bank launches training programme to raise entrepreneurs’ awareness in Alexandria

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