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

Egyptian Banking Institute announces cooperation with Mercer Mettl

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

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Central Bank of Egypt receives 24 bids worth $540.6m for T-bills in US dollars

Proceeds of this tender will be used to pay for previous tender…

Hossam Mounir Hossam Mounir

Banque Misr named fastest growing, CIB most efficient & bank of year: Business News

NBE tops technology index and top spender on social responsibility

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Housing and Development Bank reports 13.7% profit growth in Q1 2021

Good results come due to clear development strategy through which HDB seeks…

Hossam El-Din Talaat Hossam El-Din Talaat

Financial position of banks in Egypt increases to EGP 7.55trn in March 2021: CBE

Net foreign assets at banking system rise by EGP 155.3bn in 9…

Hossam Mounir Hossam Mounir

Egypt’s gold reserves climb $281m in May: CBE

Net international reserves increase to $40.468bn in May

Hossam Mounir Hossam Mounir

Bank Audi Egypt CEO steps down, Bank ABC chief to leave within days

Sources indicated that Bedir is currently choosing between several offers from other…

Hossam Mounir Hossam Mounir

Faisal Islamic Bank increases large, medium company financing to EGP 10.5bn in March

Bank’s financing for micro enterprises records about EGP 17.046m

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Suez Canal Bank pumps EGP 1.33bn in financing to individuals in March 2021

Customer deposits at bank reach EGP 45.887bn in March 2021

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Crédit Agricole to discuss increasing issued capital to EGP 5bn in June

Increase to be financed through EGP 3.627bn of retained earnings, EGP 63.18m…

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