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 launches nationwide cash transfer service via mobile phones 

 Banque Misr has launched a cash transfer service that enables clients and…

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NBE will secure its branches with Egyptian technology to support Egyptian products

NBE signed a contract with Benha Electronics Company to supply electronic, metal-detecting…

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Increase in deposit rates at Crédit Agricole by end of Q1: Beltone

Gradual increase in financing imports and exports, thanks to currency availability following…

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CBE considers making amendments to the SMEs initiative 

Regular meetings in FEB to look into the problems facing banks during…

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CBE sets controls for its initiative to renovate tourism sector

Banks finance 75% of total replacement and renovation cost, clients bear the…

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Strong fluctuations of pound against the dollar over the upcoming period

The dollar's rate ranging between EGP 14 and EGP 15.5 achieves the…

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EGP 16bn volume of deals implemented by Abu Dhabi Islamic Capital-Egypt since 2012

The company receives an international award for its role in marketing EGP…

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EGP exchange rate against USD remains stable

Settles below EGP 16 for first time since December 2016

Mohamed Samir Mohamed Samir

Benha Electronic Industries supplies 62 metal detectors to NBE

The National Bank of Egypt (NBE) signed a contract agreement with one…

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Dollar continues decline, expected to stand at ​EGP​ 16 in short term

The price of the pound against the dollar will reach equilibrium in…

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