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

Banks’ capital increases by EGP 13.74bn in April: CBE

The increase came as a result of using a part of the…

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Industry accounts for 35.9% of total credit facilities granted by banks until end of April: CBE

The services sector came in second place, followed by the commercial sector,…

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Unstable dollar price behind fluctuation in banks’ deposits, loans after flotation: CBE

Most banking indicators experience a rise and fall every month because of…

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Only 3 banks provide direct loans to finance tourism trips in Egyptian market

Banque Misr, AIBK, Al Baraka launch special programmes for these loans within…

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AIBK signs cooperation protocol with Chinese TEDA SE ZONE Development operating in SCZone

The bank soon will sign a cooperation protocol with the SIDC to…

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HDB offers various services through 2 branches, 4 ATMs

The bank is unique in granting real estate finance to customers who…

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AAIB’s “Keep the Coast Clean” initiative

How it started? AAIB’s “Keep the Coast Clean” anti-litter awareness campaign was…

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Banque Du Caire present through 5 branches, 18 ATMs in North Coast

We aim to install four new ATMs in the area during the…

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Controversy intensifies over new Banking Law

CBE surveyed IMF and World Bank experts regarding the law after field…

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AIBK signs cooperation protocol with DFC to offer its services to investors

New branch will be opened in the city to finance feeding, complementary…

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