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

NBE donated EGP 930m in last 5 years: Hisham Okasha

National Bank of Egypt offered EGP 210m to develop slums and fight…

Daily News Egypt Daily News Egypt

CBE to investigate future of interest rates

The market expects MPC to fix both loan and deposit rates

Daily News Egypt Daily News Egypt

Mechanisation of public wages to stimulate economy: Visa Egypt director

Around 6.5 public employees will be offered this service

Doaa Farid Doaa Farid

13.9% growth rate of banks’ foreign deposits during March: CBE

Market witnessed competition in attracting foreign currency savings, according analysts

Daily News Egypt Daily News Egypt

EGP 23.3bn increase in bank loans in March: CBE

The private sector acquired 80.8% out of the total loan balances

Daily News Egypt Daily News Egypt

Economic recovery positively impacts banks’ performance

Significant rise witnessed in loans and deposits in Egypt’s banking sector in…

Daily News Egypt Daily News Egypt

Widening ABC’s client base is top of my priorities: New chairman

By Hossam Mounir In his first announcement as the new Regional Manager…

Daily News Egypt Daily News Egypt

GDP to grow 5.6% annually between 2020 and 2030: HSBC

Oil contribution to exports to drop to 14% by 2030, electronics exports…

Sara Aggour Sara Aggour

HSBC considering financing Egyptian projects: Amr Bahey

HSBC Egypt loan portfolio grew 9% last March, says senior official

Sara Aggour Sara Aggour

NBAD-Egypt represents 8% of bank’s total activities

Bank targets activating brokerage in commerce between the east and west for…

Daily News Egypt Daily News Egypt