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

QNB offers a tender to take over entire NSGB stake

This deal acts as an important step in QNB’s strategy to expand…

Hend El-Behary

NBE follows in Banque Misr footsteps

Bank raises interest rates on platinum by 2%

Daily News Egypt

Standard & Poor’s: Gulf banks replace European banks in MENA

European banks are shedding assets outside of the MENA region to rebuild…

Mohamed Salah

Egypt’s Central Bank agrees to sell both BNP Paribas and NSGB

The Central Bank of Egypt (CBE) agreed to plans discussed last week…

Daily News Egypt

CBE keeps interest rates unchanged

Monetary Policy Committee keeps interest rates the same for the ninth time…

Mohamed Salah

A reform package for the Islamic banking and finance sector proposed for the new year

The goal of the package is to create an environment conducive for…

Daily News Egypt

QNB in final stages of NSGB acquisition

Qatar National Bank (QNB) Group announced that it is in “definitive agreement”…

Mohamed El-Bahrawi

The banking sector and global financial stability: challenges and prospects

“Eurozone crisis aggravated by common monetary policy in Europe"

Mohamed Salah

HSBC to launch mobile banking

During a media roundtable discussion the bank’s MENA regional head of retail…

Mohamed El-Bahrawi

Arab African International Bank launches new line of lending products

The Arab African International Bank presents new lending solutions that suit customers…

Islam Serour