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

CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index

NBE has most customer satisfaction, 255 companies take part in the evaluation,…

Daily News Egypt

Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist

Agency raised Egypt's economic outlook from stable to positive, affirming long- and…

Menna Samir

CIB records 47% revenue increase, 38% net profit increase in Q1

Bank said growth was driven by increase in non-interest income on increased…

Doaa Farid

CBE, EFSA cooperate for financial education programme

The proportion of Egyptians dealing with banks is 10%, says EBI executive…

Shaimaa Al-Aees

Piraeus Egypt has highest retail banking portfolio growth for 2014

The slowdown rate in Piraeus Bank-Egypt’s credit portfolio has declined, according to…

Daily News Egypt

33 killed after 2 tourist buses collide in Sinai

Prosecution team has moved to the scene to find out the reason…

Daily News Egypt

Foreign reserves fall $200m

International foreign currency reserves record $17.28bn in May, down from $17.48bn in…

Doaa Farid

AFDB approves $50m CIB risk participation agreement

Agreement aids in addressing critical market demand for trade finance in Africa,…

Sara Aggour

World Bank watches unfolding of political situation with great concern: Bank president

World Bank has helped finance several projects in various sectors during the…

Sara Aggour