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

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE

EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…

Daily News Egypt

AIBK allocates EGP 300m to mortgage finance: SME Sector Head

The bank has 420 units under financing in 10th of Ramadan City…

Shaimaa Al-Aees

CBE initiative to support tourism is only partial solution: ETF Chairman

Ministry of Tourism to support tourism investment fund with EGP 100m, of…

Abdel Razek Al-Shuwekhi

Clients must resolve problems before benefitting from CBE initiative: IDBE Chairman

Initiative allows banks to allocate an amount for new loans granted to…

Abdel Razek Al-Shuwekhi

2 billion people outside banking system: World Bank

International banking Financial Inclusion Summit 2015 ends in Budapest

Daily News Egypt

CBE to offer treasury bills worth $700m

CBE will allow local banks and foreign institutions to subscribe to the…

Daily News Egypt

Falcon secures 22 banks, acquires 54% of Egypt’s private guard service market: Executive Director

Falcon Group held a press conference last week, where it presented its…

Daily News Egypt

United Bank donates 30 medical devices to Ain Shams University Hospital

Ashmawy added that since the United Bank founded the administration, called Eithar,…

Daily News Egypt

Banque Du Caire funds purchase of 1,000 cars in 1 month

Banque Du Caire has launched new fund programmes, such as the used…

Daily News Egypt

Banque Misr provides EGP 1.75bn share in EEHC loan: Bank chairman

Loan will be directed to pay part of EGPC’s dues

Daily News Egypt