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

UAE Exchange offers same-day cash pickup facility to customers in Egypt

Payment solution firm extends relationship with ALEXBANK to improve customer service and…

Daily News Egypt

ETTA extends deadline for banks’ complaints to Tuesday

Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014

Abdel Razek Al-Shuwekhi

United Bank’s SMEs portfolio reaches EGP 900m: chairperson

According to El-Kady, SME-projects represent about 12% of the bank's credit portfolio,…

Hossam Mounir

Vodafone, CIB agree to transfer money via mobile phones through MasterCard services

The service also includes connecting CIB cards with mobile phones, allowing customers…

Daily News Egypt

MasterCard gives tips on Father’s Day shopping

MasterCard gives advice on how to be a smart and savvy shopper

Nicholas Mehling

New acquisition and new CEO for Visa Inc.

Visa Inc. announced the acquisition of Visa Europe and the appointment of…

Nicholas Mehling

International conference on private sector to kick off in July

The conference will go by the name ‘What’s Holding Back the Private…

Shaimaa Al-Aees

CBE launches new website

The new website is the first electronic index for supervisory instructions, says…

Hossam Mounir

Egypt ranks first among Arab states in receiving remittances: UAB

Egypt received $19.7bn in remittances from its citizens working abroad in 2015,…

Hossam Mounir