Latest Banking News
HSBC’s latest report shows that 75% of Egyptians are not ready to retire: executive
The bank saw growth in its asset lending book in 2015, reaching…
CBE closes 5 exchange companies for committing violations: deputy governor
Negm said the closure of money exchange companies and revoking their licenses…
Banks must adhere to risk management system: CBE
Banking is most supported sector following 2011 revolution, owing to banking reform…
Amer calls for bank leaders to hold expanded meeting next Sunday
Meeting is first of its kind since Amer took office in November…
CBE has no right to reduce CEOs’ tenures under banking law: legal adviser
CBE Governor Tarek Amer surprised the banking sector by issuing a decree…
United Bank leaders deny knowledge of selling bank to strategic investor
We have not yet received any formal notification from CBE, says El-Kady
CBE, international institutions begin assessing AAIB, Banque du Caire in preparation for IPO
Timing, price, and promotion are important factors for a successful launch on…
Banks to receive 1.5-4.75% commission in return for fixed exchange rate for foreign investment
This mechanism allows foreigners to contract with banks on a specific exchange…
Are CBE’s initiatives enough to develop SMEs?
Daily News Egypt speaks to experts on how to support and develop…