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

saib’s CSR strategy aims to support state efforts towards achieving comprehensive development plans in Egypt: Tarek El-Khouly

Bank prepares balanced business plan that combines geographical expansion and the promotion…

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ADIB – Egypt wins 15 global awards in 2021

ADIB Egypt receives recognition for remarkable performance in Sharia compliant banking, customer service…

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Opening Standard Chartered branch in Cairo proves confidence in Egyptian economy, banking sector: Pundits

British bank completes legal, logistical procedures to obtain final licence from CBE…

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Total financial position of banks in Egypt stands at EGP 8.758trn in October 2021

Total bank deposits increase to EGP 6.191trn, credit facilities reach EGP 2.996trn

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CBE sponsors 3-year programme to raise efficiency of microfinance associations

Programme will be implemented by EFFMSMP in cooperation with IFC

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ADCB Egypt increases its capital to EGP 5bn

Capital increase shows bank’s ambition for growth in Egypt: El Sewerky

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Foreign investors pump $970m into Egyptian market in 2 weeks: CBE

Investments include long-term bonds, treasury bills

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Tamer Seif El-Din appointed as CEO and Managing Director of aiBANK

The appointment came after the completion of the acquisition of 76% of…

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CBE reveals developments in commodity prices in 2021

Egypt’s annual urban inflation records 5.2% in 2021, compared to 5% in…

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Egyptian banking sector handles pandemic’s repercussions efficiently: CBE

Banks adopt special measures that result in growth of their credit, investment…

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