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

Economic recovery positively impacts banks’ performance

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

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

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

HSBC considering financing Egyptian projects: Amr Bahey

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

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

Blom Bank Egypt to open 5 new mini-branches in 2015: CEO

Bank considering participation in massive projects in Egypt, whether directly or through…

Shaimaa Al-Aees

NBAD managing $1.5bn bonds for Egyptian government: CEO

NBAD prepared five-year plan to promote its shares in Egypt, will play…

Shaimaa Al-Aees

Banque Du Caire grants $60m to Egyptian Electricity Holding Company

Loan is $521m in total, and will be used in launching power…

Daily News Egypt

20% expected growth in 2014-2015 revenues: Banque Misr Chairman

Bank is launching lease company and 15 new branches for Islamic services,…

Daily News Egypt

NBAD to hold ‘Egypt on the Rise’ conference

The conference aims to discuss steps needed to encourage foreign direct investments…

Daily News Egypt