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

SMEs Development Authority signs 6 micro finance projects in 5 governorates

Contracts benefit 1,300 people from Cairo, Minya, Qena, Menoufia and Sohag: Gamea

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CBE, EFSA sign agreement to enhance financial inclusion in Egypt

Sharm El-Sheikh will host an international conference on financial inclusion on 17…

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Banque du Caire marks profits of EGP 3.3bn in 2016, up 18% from 2015: chairperson

Bank’s profits are operating profits resulting from the expansion of all banking…

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Arab Investment Bank aims to boost SME portfolio to EGP 12.3bn by end 2018: chairperson

Bank achieved 70% growth in profits, 85% increase in deposits, and 67%…

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Deposits in QNB are Safe: Amer

Cutting diplomatic relations with Qatar has no effect on bank’s activities in…

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CBE completes electronic linking system with COMESA banks

The project is a new positive step towards supporting Egyptian economic relations…

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UBE offers integrated system for financing journalists, launches Tahya Misr investment certificates

The bank signs a cooperation protocol with the Press Syndicate to offer…

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Egyptian Agricultural Bank launches initiative to finance livestock wealth project

We aim to finance the purchasing of one million livestock and establish…

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Government launches treasury bonds and bills for EGP 105.25bn in June

Launching 16 bills for terms of 91-364 days for EGP 99bn, 8…

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Beltone expects HDB’s net profit to exceed EGP 800m by year end

Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%,…

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