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

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…

Hossam Mounir

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…

Daily News Egypt

HDB offers various services through 2 branches, 4 ATMs

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

Daily News Egypt

AAIB’s “Keep the Coast Clean” initiative

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

Daily News Egypt

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

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

Daily News Egypt

Controversy intensifies over new Banking Law

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

Hossam Mounir

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

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

Hossam Mounir

Nossier replaces ElBaradei as new executive director of Egyptian Banking Institute 

The board of directors of the Egyptian Banking Institute (EBI) has appointed…

Daily News Egypt

HDB raises number of branches to 73

El-Sebai opens the second branch of the bank in Daqahleya governorate to…

Daily News Egypt

IDWBE deposits up by EGP 3.01bn, loans by EGP 2.3bn in H1 2017

Net profit of EGP 145m by end of June 2017 against EGP…

Hossam Mounir