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

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

Bank supports national projects, finances customers in all sectors

Hossam Mounir

HSBC committed to supporting Egypt’s sustainable development: CEO

HSBC supports Ministry of Finance’s issuance of first sovereign green bond in…

Hossam Mounir

Suez Canal Bank adopts effective CSR programmes to serve community: Chairperson

Bank targets to expand its banking, non-banking financial services, accelerate digital transformation…

Hossam Mounir

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…

Hossam Mounir

ADIB – Egypt wins 15 global awards in 2021

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

Daily News Egypt

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…

Hossam Mounir

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

Hossam Mounir

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

Programme will be implemented by EFFMSMP in cooperation with IFC

Daily News Egypt

ADCB Egypt increases its capital to EGP 5bn

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

Hossam Mounir

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

Investments include long-term bonds, treasury bills

Daily News Egypt