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

HSBC operating profit up, net income falls

Europe's biggest bank, HSBC, has reported a drop in bottom-line earnings for…

Deutsche Welle Deutsche Welle

Barclays says its activities in Africa strengthened

Bank gained half a million new customers in retail banking

Doaa Farid Doaa Farid

Fed leaves door open for September rate hike

Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…

Deutsche Welle Deutsche Welle

Banque du Caire announces EGP 2.1bn profits in FY 2014/2015: Chairman

The bank’s net profit after taxes amounted to approximately EGP 1.3bn by…

Hossam Mounir Hossam Mounir

Al-Ahli Bank of Kuwait-Egypt’s commercial name to be launched end of 2015: Accad

Bank is continuing efforts to finalise procedures of its acquisition of Piraeus…

Hossam Mounir Hossam Mounir

CBE denies orders to reduce dealing with lawyers, judges, police officers, journalists

Banks offer services to all citizens without discrimination or favour, says CBE

Sara Aggour Sara Aggour

9 banks offer self-query service, receive related complaints

Nine banks working in the local market, in cooperation with the Egyptian…

Hossam Mounir Hossam Mounir

Customers have right to check validity of their credit records: I-Score

Individuals, as well as small and medium enterprises, can check the validity…

Hossam Mounir Hossam Mounir

Clients have right to object to credit reports: I-Score Managing Director

Clients have the right to raise complaints to object to the incorrect…

Hossam Mounir Hossam Mounir

25 banks contribute to I-Score’s capital alongside the SFD

Banks in the Egyptian market are contributing to I-Score alongside the Social…

Hossam Mounir Hossam Mounir