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

ADCB Egypt emerging strong after one-year operation with net profit increase of 45%

Robust performance driving bank to fastest growing list in Egypt

Daily News Egypt

Agricultural Bank considers financing solutions for land reclamation in development areas

Bank aims to be leading development institution supporting state efforts: Chairperson Farouk

Hossam Mounir

Financial sector contains repercussions of pandemic without prejudice to its main role: CBE

Sector, both banking and non-banking components, showed solidity during pandemic

Hossam Mounir

Net international reserves increased to EGP 40.980bn in January 2022: CBE

The balance of special drawing rights decreased by $2.642bn in January as…

Hossam Mounir

Housing and Development Bank prioritises digital transformation: Chairperson

Bank to launch instant money transfer service, digitise other banking services this…

Hossam Mounir

2022 – A year of challenge for capital market: CIB Egypt Chairperson

Global economic conditions affect local situation, so monetary and financial policy makers…

Daily News Egypt

Corporate Social Responsibility programmes in Banking sector reached EGP 4.608bn in 2021: CBE Governor’s Advisor

CSR contributes to the value creation of banking sectors and increase advancement…

Daily News Egypt

Social responsibility of banks: sustainable, constructive and connecting: Pundits

Societal role of bank goes beyond grants, becomes hands-on approach: Abdel-Aal

Hossam Mounir

Visa oriented towards providing innovative financial solutions to underserved, unbanked populations: Country Manager

Visa contributed more than $23.5m to charities around world, while Visa Foundation…

Hossam Mounir

Abu Dhabi Commercial Bank has ambitious plan for growth in Egypt: ElSewerky

Bank supports national projects, finances customers in all sectors

Hossam Mounir