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

Bank Audi Egypt reveals major features of expansion plan in Egyptian market

We seek to double the bank’s market share in the next three…

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HDB opens new branch, adopts tourism promotion initiative

Chairman of the Housing and Development Bank (HDB) Fathy El-Sebai recently inaugurated…

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Cisco to build NBE’s modern generation of secured data centres

The National Bank of Egypt (NBE) employed the international telecommunication company Cisco…

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EGP 1.8bn increase in Barclays Egypt bank loans in 9 months

Clients’ loans in Barclays Egypt increased by EGP 1.8bn during the first…

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CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee’s (MPC) meeting took three hours Thursday and ended…

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Monetary policy coordinating council to hold first meeting at cabinet Thursday

The council will discuss the future of interest rates on the pound…

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Bank Audi Egypt brings $347m to the Egyptian market

Bank Audi Egypt succeeded in bringing $357m to the Egyptian market, bank…

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United Bank of Egypt receives award for money transfers

The award was presented by Regional CEO of Standard Chartered Bank Ahmad…

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Banks seek to learn from Italy on SME field trip

Participants aim to become acquainted with the basics of international practice in…

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