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

AAIB first private bank in Egypt to promote syndicated loans on MENA level: Bloomberg

Bloomberg ranks the best investment banks in over 200 countries, dealing with…

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UNB-Egypt chosen among 100 top companies in Egyptian market

Managing Director of UNB Atef El-Deeb was handed the honour shield in…

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Bank of Alexandria launches campaign to encourage exchange of dollar remittances

We are continuing in our efforts to increase foreign currency inflows and…

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Bank Audi-Egypt to expand loan portfolio to include SMEs, among other sectors

Bank Audi-Egypt increased its deposit holdings by 17%, and increased  the value…

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Hala Sakr becomes first female Managing Director of Barclays Egypt

According to Barclays Africa Regional Management Chief Executive Mizinga Melu, Sakr’s appointment…

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UAB recommends economic, legislative reforms in Arab countries to attract foreign investment

Participants in the forum called upon Arab banks and financing institutions to…

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CBE discusses ways to increase MSMEs’ funding with banks

Banks are currently preparing their infrastructure to begin implementing CBE initiative

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EGP 2tn size of the Egyptian banking sector by the end of 2015: Fayed

The size of the Egyptian banking sector was EGP 2tn by the…

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Only 8 million of 54 million eligible citizens have bank accounts

Vice chairman of the Federation of Egyptian Banks and chairman of the…

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CBE fixes prices of basic yield

The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided…

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