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 brings $347m to the Egyptian market

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

Hossam Mounir

United Bank of Egypt receives award for money transfers

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

Daily News Egypt

Banks seek to learn from Italy on SME field trip

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

Hossam Mounir

Will CBE succeed in pushing banks to increase dollar resources?

Banks made large profits; it is time to pay part of these…

Hossam Mounir

Visa partners with Cairo ICT to showcase its financial inclusion efforts

Visa, a global payments technology company, announced its partnership with Cairo ICT,…

Hossam Mounir

Lawsuits against Arab Bank rejected before US courts

The second US Circuit Court of Appeals in New York rejected claims…

Hossam Mounir

Banks criticise CBE’s FX Auction regulations

The regulations were a new shock to banks that did not obtain…

Hossam Mounir

Banque Misr borrows $250m from foreign markets to boost foreign currency liquidity

The list of banks participating in this loan includes ABC-Bahrain, the National…

Hossam Mounir

Emirates NBD-Egypt launches new banking services package for major customers

Mother group aims at gaining the trust of Egyptian customers, say bank’s…

Hossam Mounir

Amer seeks banks’ support to overcome dollar shortages

Official letter calls for banks to maximise foreign exchange, working with foreign…

Hossam Mounir