Latest Banking News
UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years: Vice Chairman
UNB supports Emirati investors in Egypt, and issued letters of guarantee worth…
Banque Misr, NBE issue savings certificates with 12.5% return
The step aims at combating dollarisation, and banks issued two similar certificates…
AAIB underwent significant expansions: Bank leaders
Bank launches14 new branches, number of ATMs increases to 321
NBE branches to sell commemorative Suez Canal gold coins
Deputy Chairman of the National Bank of Egypt Mahmoud Montasser said all…
Foreign exchange reserves increase $80m in October: CBE
Foreign exchange reserves at the Central Bank of Egypt (CBE) increased by…
Deutsche Bank fined for violating US sanctions
Deutsche Bank will have to pay hundreds of millions of dollars for…
UAB holds 20th Annual Banking Conference in Beirut
The Union of Arab Banks (UAB) will hold the 20th edition of…
Only 2% of total individual payments paid electronically in Egypt
Electronic individual payments can increase by 20% in seven years if supported…
Standard Chartered plans job cull on third-quarter loss
Asia and Africa-focused British lender Standard Chartered has announced massive job cuts…
Banque du Caire increases branches, banking units to 231
Bank opened six new branches and banking units, plans to expand in…