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 provides EGP 500m bridge loan to GASC until EGP 2bn loan is finalised

21% increase in loans and bank deposits until end of June 2015,…

Hossam Mounir

FEB spreads banking awareness among students: El-Etreby

El-Etreby added that the FEB has adopted an initiative under the name…

Hossam Mounir

CBE governor, FEI representatives discuss industry problems

This year is the one most challenging years for monetary policy, says…

Sara Aggour

Egypt main contributor of Afreximbank with $500m

Mubarak was the only African president who encouraged the establishment of such…

Shaimaa Al-Aees

Financial inclusion in Egypt needs improvement: El-Khouly

The CBE needs to encourage greater financial inclusion, in addition to its…

Daily News Egypt

CBE conducts survey to determine financial excluded

Study aims to identify the reasons of financial exclusion, as well as…

Hossam Mounir

Egypt returned to international markets through Eurobond issuance: IMF Mission Chief

CBE policies would improve the availability of foreign exchange, strengthen competitiveness, support…

Shaimaa Al-Aees

CBE fixes its basic return rates

“The MPC decision was highly expected in light of CBE’s keenness to…

Hossam Mounir

Deutsche Bank to trim business in Russia

Germany's biggest bank has announced it would close its onshore corporate banking…

Deutsche Welle

Only 18% of residents in the Arab region deal with financial institutions: Barakat

Only 18% of the residents in the Arab region have accounts in…

Hossam Mounir