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

EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling

EFG Hermes, an EFG Holding Company and the leading investment bank in…

Daily News Egypt

EFG Hermes concludes advisory on EGP 450m issuance for EFG Corp-Solutions

EFG Hermes, an EFG Holding company and the leading investment bank in…

Daily News Egypt

Banque du Caire grants Kredit EGP 100m to support SMEs

Kredit, a subsidiary of GB Capital, announced on Sunday that it secured…

Daily News Egypt

Suez Canal Bank forms committee to review Islamic services, products

Suez Canal Bank has formed a new committee to develop its services…

Daily News Egypt

NBE, Ebdaa sign cooperation protocol to support national industries

The National Bank of Egypt (NBE) signed a cooperation protocol with the…

Daily News Egypt

Microfinance exceeds EGP 93bn in June 2024: Zulficar

Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and…

Hossam Mounir

Banks, mortgage finance companies pump EGP 75.6bn into low-income initiative in September

Banks and finance companies participating in the mortgage finance initiative for low-income…

Hossam Mounir

Dalia El Baz appointed chairperson of Egypt Post

Dalia El-Baz, former deputy chairperson of the National Bank of Egypt, has…

Daily News Egypt

Egyptian banking sector shows strong financial indicators, surpassing regulatory benchmarks: CBE

A financial stability report issued by the Central Bank of Egypt revealed…

Hossam Mounir

EBI highlights strong achievements in FY 2023/24, expanding reach across Africa

The Egyptian Banking Institute (EBI), the official training arm of the Central…

Hossam Mounir