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

EGP 6.8bn increase in banknotes printed in March 2016: CBE

EGP 200 banknotes accounted for 52.1% of the total banknotes issued; EGP…

Hossam Mounir Hossam Mounir

Slovenia central bank confirms investigation of Governor Jazbec

Slovenia's central bank has confirmed that Governor Bostjan Jazbec is under investigation…

Deutsche Welle Deutsche Welle

NBE and PBDAC sign cooperation protocol to serve clients of both banks

This protocol will enable the NBE to install ATM machines at PBDAC…

Daily News Egypt Daily News Egypt

Italian banks battered after ECB warns MPS about bad loans

The financial crisis is coming back to roost in Italy after warnings…

Deutsche Welle Deutsche Welle

Opinion: The downfall of an institution

The once-proud Deutsche Bank is now threatening the global financial system. Things…

Deutsche Welle Deutsche Welle

$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

Hossam Mounir Hossam Mounir

CBE to reveal its foreign exchange reserves this week

Debt repayment to Qatar and Paris Club countries is likely to impact…

Hossam Mounir Hossam Mounir

Banks ignore CBE’s interest rate increase

CBE will not keep current rates and may be reversed in three…

Hossam Mounir Hossam Mounir

Banks begin monitoring debit card transactions abroad

Misused debit cards will be suspended immediately, says the head of one…

Hossam Mounir Hossam Mounir