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

Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby

The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings…

Hossam Mounir

CBE to convert $4bn worth of dues on importers to local currency

Tarek Amer holds frequent meetings with public bank heads to discuss developments…

Hossam Mounir

Banque Misr collects EGP 400m through certificates on first day

They surprised banking market with launch of two certificates with annual returns…

Hossam Mounir

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…

Hossam Mounir

Banque Misr, NBE issue savings certificates with 12.5% return

The step aims at combating dollarisation, and banks issued two similar certificates…

Hossam Mounir

AAIB underwent significant expansions: Bank leaders

Bank launches14 new branches, number of ATMs increases to 321

Hossam Mounir

NBE branches to sell commemorative Suez Canal gold coins

Deputy Chairman of the National Bank of Egypt Mahmoud Montasser said all…

Daily News Egypt

Foreign exchange reserves increase $80m in October: CBE

Foreign exchange reserves at the Central Bank of Egypt (CBE) increased by…

Hossam Mounir

Deutsche Bank fined for violating US sanctions

Deutsche Bank will have to pay hundreds of millions of dollars for…

Deutsche Welle

UAB holds 20th Annual Banking Conference in Beirut

The Union of Arab Banks (UAB) will hold the 20th edition of…

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