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 grants ABE deposit of EGP 4bn for 10 years

The Egyptian Agricultural Bank's losses fell from EGP 1.084bn at the end…

Hossam Mounir Hossam Mounir

Flotation decision was an urgent necessity and action taken at the right time: Banks officials

Decision contributed to increasing FX Reserves to $36.5bn, and positively impacted  banks…

Hossam Mounir Hossam Mounir

Linking Egyptian banks to COMESA supports economic relations, facilitates funds transfer: CBE Deputy Governor

Starting series of workshops to raise awareness of all state sectors of…

Hossam Mounir Hossam Mounir

The Egyptian Banking Institute (EIB) is organising a seminar on financing green projects

The Research and Awareness Department at the EIB is organising a seminar…

Hossam Mounir Hossam Mounir

Mashreq Bank Egypt inaugurates its new branch to serve Mashreq Gold customers, SMEs, and corporations

Mashreq Bank Egypt announced the inauguration of its new branch in Heliopolis…

Hossam Mounir Hossam Mounir

Small construction companies demand banks to support them

The small and medium-sized companies working in the construction sector demanded that…

Hossam Mounir Hossam Mounir

Banque du Caire arranges two loans for petroleum sector worth EGP 4-5bn

The bank is considering contributing to the Islamic loan, which is arranged…

Hossam Mounir Hossam Mounir

Suez Canal Bank plans to break into retail banking, real estate finance, SME financing in its new strategy: chairperson

The bank has established 3 new departments specialised in these activities and…

Hossam Mounir Hossam Mounir

Tarek Metwally resigns from BLOM Bank Egypt after 31 years

Metwally was the Deputy Managing Director and Board Member

Hossam Mounir Hossam Mounir

Mostadam Forum launches its fourth training course for young bankers in Egypt, Middle East

Programme will be held from 5 to 8 November 2017, discusses Equator…

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