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

Financial inclusion needs strategic vision and government support: Visa director in Egypt

Egyptian government is striving to spread financial inclusion and is taking concrete…

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Lack of financial inclusion impedes economic growth: UNB-E vice chairperson

“Public and private sectors should work together based on a well-studied plan…

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EAB is most capable bank for achieving financial inclusion: chairperson

We have 1,210 branches, equivalent to about 27% of the total number…

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Attijariwafa Bank to announce work plan in Egyptian market after acquisition of Barclays-Egypt

The EGX has announced the sealing of the deal, worth $494.997m, on…

Hossam Mounir Hossam Mounir

NBE accounts for 18% of total syndicated loans arranged in Africa

Bloomberg places NBE first in Egypt and other African markets for arranging…

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Bank Audi Egypt launched youth products during Financial Inclusion Week

Increasing financial inclusion eliminates informal economy, says Fayed

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Banque du Caire opens 5,200 new accounts during Financial Inclusion Week

The bank's staff took to more than 75 locations, including universities, clubs,…

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EAB attracts EGP 55m deposits in Financial Inclusion Week

The bank also attracted 7,500 new clients during the week

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Development of technological infrastructure of EAB costs EGP 1bn

The development process may extend to about 3 years, and the bank…

Hossam Mounir Hossam Mounir

Suez Canal Bank appoints Hussein El-Refaie as new chairperson

The new board will hold its first meeting within days to discuss…

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