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

Global banking is HSBC’s priority in Egypt: Blanchet

HSBC launched in April its second International Growth Fund, worth EGP 300m,…

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NBE aims for 10% growth in all bank indicators: Okasha

Deposits portfolio at $11bn for foreign currencies by the end of March

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CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index

NBE has most customer satisfaction, 255 companies take part in the evaluation,…

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Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist

Agency raised Egypt's economic outlook from stable to positive, affirming long- and…

Menna Samir Menna Samir

CIB records 47% revenue increase, 38% net profit increase in Q1

Bank said growth was driven by increase in non-interest income on increased…

Doaa Farid Doaa Farid

CBE, EFSA cooperate for financial education programme

The proportion of Egyptians dealing with banks is 10%, says EBI executive…

Shaimaa Al-Aees Shaimaa Al-Aees

Piraeus Egypt has highest retail banking portfolio growth for 2014

The slowdown rate in Piraeus Bank-Egypt’s credit portfolio has declined, according to…

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33 killed after 2 tourist buses collide in Sinai

Prosecution team has moved to the scene to find out the reason…

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Foreign reserves fall $200m

International foreign currency reserves record $17.28bn in May, down from $17.48bn in…

Doaa Farid Doaa Farid