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

HDB wins ‘Fastest Growing Commercial Bank’, ‘Fastest Growing Credit Card Issuer’ awards from Global Brands

The Housing and Development Bank (HDB) has been awarded "Fastest Growing Commercial…

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Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval

Hegazy has more than 30 years of experience in banking sector, especially…

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Banks warn against fraudulent practices following Banque Misr phishing incidents

Social media reports alleged that fraudsters claiming to be Banque Misr employees…

Hossam Mounir Hossam Mounir

Commercial International Bank offers Cashback credit card

Cashback credit card allows customers to receive up to EGP 500 cashback…

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saib Bank reports $33.6m EBIT in H1 2021

Bank maintains strong growth despite COVID-19 pandemic challenges

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Housing and Development Bank achieves 10.8% PBT growth to EGP 1.45bn in H1 2021

Bank continues to achieve positive growth due to continuous support of development,…

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Abu Dhabi Commercial Bank – Egypt reports net profit rise of 83% in H1 2021

Bank continues expansion plans, emphasises brand, and finalises measures to raise capital:…

Hossam Mounir Hossam Mounir

Tanmeyah, Banque Misr partner to issue Meeza cards for microenterprises

Agreement contributes to state's efforts to transform into cashless society

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