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 in malls, youth centers, universities, and clubs

On the occasion of the Financial Inclusion Week, Banque du Caire is…

Hossam Mounir

Banque Misr present in 50 youth centres, mobile units in Cairo University

Banque Misr stressed that the implementation of financial inclusion is a priority…

Hossam Mounir

Banks take to various parts of country during Financial Inclusion Week

Banks open free accounts with no minimum balance, issue electronic payments cards…

Hossam Mounir

CIB Egypt launches new Mobile Banking app

Mobiles became an essential part of our lives, and it has become…

Daily News Egypt

NBE retail sector clients amounted to 7.1 million at end of March 2017

Retail sector deposits reach EGP 798bn, retail loans increased to EGP 41bn

Hossam Mounir

Mostafa Hadhod appointed head of Egyptian Company for Agricultural and Rural Development

Company is the investment arm of the Egyptian Agricultural Bank, aims to…

Hossam Mounir

ABC Egypt net loan portfolio at EGP 4.2bn at end of 2016

Bank achieved net profit of EGP 152.1m, growing by 19.9% from 2015,…

Hossam Mounir

EAB forms committee to supervise its investment funds

The committee aims to improve performance of the bank's three funds and…

Hossam Mounir

Renaissance Capital plans to open Cairo office

The office is set to open once we receive the regulatory approval,…

Mohamed Samir

⁠⁠⁠⁠SFD, Hermes Leasing sign EGP 20m contract to finance small enterprises

Secretary general of the Social Fund for Development (SFD) Niveen Gamea; Ahmed…

Hossam Mounir