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 du Caire BoD provides account of bank performance before end of its term

El Zahid reveals the most important indicators of the bank during the…

Hossam Mounir

CBE announces new BoD of state-owned banks beginning of next week

Okasha for NBE, El-Etreby for BM, Fayed for Banque du Caire, Kamal…

Hossam Mounir

Banque Misr signs MoU with CDB to finance Chinese projects in Egypt 

Banque Misr Vice Chairman Akef Al-Maghraby signed a memorandum of understanding (MoU)…

Hossam Mounir

Sustaining high levels of growth and investment is important for raising people’s incomes: Elwy

The government initiated structural reforms to welcome greater levels of investment and…

Hossam Mounir

CBE’s role pivotal in economic reform programme, restoring investors’ confidence: El Kadi

Egypt has an attractive investment climate for local, global, and Arab investments,…

Hossam Mounir

Economic reform programme results exceeded all expectations of success in very short span: Elkosayer

Our national economy is now much stronger as a result of government…

Hossam Mounir

Egyptian economy to reap reform fruits by 2019

The banking sector always support the economy with money and expertise at…

Hossam Mounir

Egypt’s economic reforms re-attract global investments

Continuing reform policies and measures with the aim to increase FDIs and…

Hossam Mounir

Flotation toughest, most daring decision between Euromoney 2016, 2017: Fayed

The economic reform programme is a new breakthrough for economic growth and…

Hossam Mounir

Banque du Caire to inject EGP 5bn in syndicated loans to several economic sectors: vice chairperson

We are considering participating in the EEHC loan by EGP 3bn, next…

Hossam Mounir