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

23.1% increase in value of financial investments for banks: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Thursday…

Hossam Mounir Hossam Mounir

CBE expects UAE deposit before end of May

The CBE's governor says Egypt has not received any deposits from abroad…

Hossam Mounir Hossam Mounir

Most of Greek bailout money went to banks: study

Only 5 percent of international bailout money for Greece was used to…

Deutsche Welle Deutsche Welle

Bank giants settle rate manipulation charges

Seven major global banks have settled a lawsuit in the United States…

Deutsche Welle Deutsche Welle

CBE fixes dollar price in Tuesday auction, dollar remains stable in informal market

Through its weekly auction, the CBE sells dollars to banks working in…

Hossam Mounir Hossam Mounir

Deutsche Bank failing to limit crimes: watchdog

Deutsche Bank hasn't done enough to prevent its accounts from being misused…

Deutsche Welle Deutsche Welle

CBE grants banks $118.7m, returns to quota in Tuesday’s auction

Banks were granted this amount at a price of EGP8.78 to the…

Hossam Mounir Hossam Mounir

Meetings to determine fate of closed companies, restore stability to exchange market

CBE signed a penalty on the violating companies, which are ready to…

Hossam Mounir Hossam Mounir

Former CBE governor Ramez named AIB chairman

Cabinet appoints state representative to AIBs board

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