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

US dollar registers new peak, jumps to EGP 19 at HSBC

The US dollar price jumped against the Egyptian pound to register its…

Hossam Mounir

Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE

The recent issuance of certificates has attracted new deposits from outside the…

Hossam Mounir

US dollar exceeds EGP 18 at CBE for first time since flotation

Analysts play down impact of recent terrorist events on future of the…

Hossam Mounir

Egyptian banking delegation visits Malaysia to learn about its experience in financing SMEs

The small- and medium-sized enterprises (SMEs) unit in the Egyptian Banking Institute…

Hossam Mounir

SMEs account for 10% of QNB Alahli loans portfolio: chairperson

The bank’s outcome of hard cash increased tenfold following flotation, says El…

Hossam Mounir

Implementing Basel III, reducing government’s borrowing rate are best ways to improve banking sector: expert

The next step needed to reform the banking sector is to implement…

Hisham Salah

Cooperation protocol between Banque du Caire, 10th of Ramadan Investors Association to finance SMEs

The cooperation protocol comes within the framework of the initiative launched by…

Hossam Mounir

Afreximbank funds EGPC with $200m

The African Export–Import Bank (Afreximbank) signed a credit facility agreement worth $200m…

Daily News Egypt

EBRD, QNB Alahli fund SMEs with $140m

The European Bank for Reconstruction and Development (EBRD) is partnering with QNB…

Daily News Egypt