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 Bank to increase retail portfolio, financing for national projects, SMEs

saib Bank opens first innovative financial education centre as part of digital…

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Global economic recovery depends on effectiveness, availability of COVID-19 vaccines: CBE

The CBE decided on Thursday, to keep the basic interest rates at…

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AAIB lends support to Egypt’s cashless economy drive

Bank to offer Egyptian merchants state-of-the-art N-Genius™ payment platform

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Federation of Egyptian Banks contributes EGP 500m towards COVID-19 vaccine

Banks working in Egyptian market have donated over EGP 750m towards this…

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Central Bank of Egypt to review interest rates for 1st time in 2021 on Thursday

In its last meeting for 2020, Bank decided to maintain deposit and…

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CIB included in 2021 Bloomberg Gender-Equality Index

The Commercial International Bank (CIB) announced, on Tuesday, that it has been…

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CIB included in 2021 Bloomberg Gender-Equality Index

Inclusion is bank’s third consecutive year of recognition for its strides in…

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Net foreign assets in banking sector rise EGP 20.991bn in December 2020

Household sector added EGP 643.108bn in local currency deposits during 2020

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National Bank of Egypt adds NIB’s investment certificates to its savings vessels: Official

Net sales of former NIB’s certificates stood at about EGP 435bn in…

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Bank Audi – Egypt reports EGP 10bn increase in assets, deposits during 2020

Bank Audi – Egypt has revealed that its total assets rose to…

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