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

Egypt bears ingredients to successfully overcome economic crisis and compete with other countries: Abdul Aal

Egypt’s greatest challenge is that it imports 70% of its needs, and…

Hossam Mounir

Egypt has all the potential to overcome its challenges: CEO of BLOM Bank Egypt

We have great potential in tourism, industry, agriculture, energy, and mineral resources,…

Hossam Mounir

More liberalised exchange rate regime is one of the tools to solve foreign currency shortage: Amr El-Ganainy

Proper legislation has to be issued to incorporate the informal economy into…

Hossam Mounir

Digital payments can support economic growth in Egypt: Visa general manager for North, West Africa

Our partnership with EBI is designed to increase usage of electronic payment…

Hossam Mounir

Egypt’s economic projects financed with EGP 180bn in 1 year by banks: Emirates NBD deputy managing director

The government and the CBE have made positive moves to support the…

Hossam Mounir

PBDAC can reach nearly half the Egyptian population if properly supported by the government, CBE: Elkosayer

Depletion of foreign exchange resources is a major problem limiting the economy,…

Hossam Mounir

What are the challenges facing the Egyptian economy in the eyes of dealers?

Chief financial officers and heads of treasury sectors at banks (dealers) are…

Hossam Mounir