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

EGBANK Signs a US$ 20 Million Trade Finance Agreement with EBRD 

In light of EG Bank’s efforts that focus on supporting exporters and…

Daily News Egypt

EBRD provides $100m loan to Commercial International Bank of Egypt

EBRD is providing a subordinated loan of up to $100m to Commercial…

Daily News Egypt

EBRD enhances financing to Egyptian small businesses via $75m loan to Banque Misr

EBRD is providing a $75m loan to Banque Misr to support the…

Daily News Egypt

EBRD boosts small firms through lending $30m to Arab African International Bank

EBRD is further supporting the development of small and medium-sized enterprises (SMEs) in Egypt with…

Daily News Egypt

EBRD, ALEXBANK support energy efficiency in Egypt

EBRD and the European Investment Bank (EIB) are planning to support energy-efficient…

Daily News Egypt

EBRD supports international trade through $10m loan to Al Ahli Bank of Kuwait-Egypt

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion…

Daily News Egypt

Government, banking sector stress support for SMEs

NILEX is one of the most effective factors in financing these projects:…

Hossam Mounir

Egypt aims to take private, public sector loans to EGP 2tn

No intention to postpone $5.2bn Afreximbank loan to be repaid before end…

Abdel Razek Al-Shuwekhi

EBRD provides 7 Egyptian banks $225m

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

Hossam Mounir

CBE reaches terms for $3.1bn financing from international banks

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

Hossam Mounir