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 to support science centre in Children’s Civilisation and Creativity Museum

Banque Misr stresses its keenness on contributing to all projects that encourage…

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Four bank representatives in Egyptian Union for Real Estate Financing board

 The federation also includes four representatives OF real estate companies affiliated to…

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AAIB assets increase to EGP 91bn by end of March

The fund portfolio for companies at the bank reached EGP 31.4bn by…

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NBG-Egypt ‘not affected’ by Greek banking crisis

Bank is only representative of Greek banks in Egypt after exit of…

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Ambiguity surrounds CBE’s decision to raise dollar price by 10 piasters

Analysts await CBE’s next step, expecting an increase in commodity prices

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NBG-Egypt continues activities unaffected by Greek banks’ closure

"We work under the umbrella of the CBE and our clients did…

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NBE delegation continues negotiations with 5 banks to promote dollar bonds

The banks are Citi Group, Deutsche Bank, HSBC, the National Bank of…

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Bank Audi-Egypt participates in Economic Summit loan with EGP 400m: Fayed

The total loan value is at EGP 10bn, of which Bank Audi-Egypt…

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Arab-American meeting to be held in Beirut on Tuesday

Arab banking sector is committed to highest international standards in fighting money…

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CIB launches Smart Saving account with EGP 500 minimum

New account combines money box and “gameaya” (joint fund), with accumulated interests…

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