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

NBG-Egypt ‘not affected’ by Greek banking crisis

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

Daily News Egypt

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

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

Daily News Egypt

NBG-Egypt continues activities unaffected by Greek banks’ closure

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

Daily News Egypt

NBE delegation continues negotiations with 5 banks to promote dollar bonds

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

Daily News Egypt

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…

Daily News Egypt

Arab-American meeting to be held in Beirut on Tuesday

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

Daily News Egypt

CIB launches Smart Saving account with EGP 500 minimum

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

Daily News Egypt

CIB Foundation leads blood donation campaigns to Egyptian public hospitals

Blood donation campaigns were held over two weeks in some of the…

Daily News Egypt

Banque Misr Foundation improves living standards of 11 villages in 4 governorates

The project’s implementation period was from 2012 to 2015. It aimed to…

Daily News Egypt

Banque Misr celebrates 95th anniversary

Egypt’s first bank, Banque Misr was established by Talaat Harb

Daily News Egypt