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

Banque Misr seeks to seal funding deals worth EGP 81.3bn in different economic sectors

The bank has arranged loans worth EGP 32.9bn in FY 2016/2017, from…

Daily News Egypt

NBE marketed, managed syndicated loans worth EGP 58bn during first nine months of 2017

The loans arranged by the bank have been directed to many strategic…

Daily News Egypt

Egyptian Arab Land Bank board begins developing its strategy for next 3 years: chairperson

The board holds its first meeting after restructuring it under the chairmanship…

Hossam Mounir

Egyptian Agricultural Banks signs contract with MSMEs for EGP 250m

The contract aims to finance 23,000 new and existing projects to provide…

Hossam Mounir

Banks in Egypt issue 2 million credit cards during H1 2017: CBE

The number of debit cards jumped to 17,562 million cards in June…

Hossam Mounir

Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE

The five largest banks account for 69.52% of total profits, the top…

Hossam Mounir

Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE

The return on average assets of banks operating in the Egyptian market…

Hossam Mounir

Amer, Al-Assar, chairpersons of state-owned banks in talks about supporting Egyptian industries

Pushing local development, manufacturing top public banks' priorities, says Amer

Hossam Mounir

Attijariwafa Bank keen to take advantage of various investment opportunities in Egyptian market

We support CBE’s initiative to enable SMEs to develop their activities: Douiri

Hossam Mounir

SME loans at United Bank-Egypt register EGP 1.5bn

Bank signs a new contract with the MSMEs Development Authority worth EGP…

Hossam Mounir