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

12 new United Bank branches in 18 months: Mohamed Ashmawi

United Bank branches will increase to 62, to cover all the governorates

Daily News Egypt

CIB receives 5 international awards in 1H of 2015

There are abundant opportunities across Egyptian market, says Chairman

Daily News Egypt

CBE controls importers’ manipulations

Banks activate automated “Model 4” to determine real importing demands

Daily News Egypt

NBE donated EGP 930m in last 5 years: Hisham Okasha

National Bank of Egypt offered EGP 210m to develop slums and fight…

Daily News Egypt

CBE to investigate future of interest rates

The market expects MPC to fix both loan and deposit rates

Daily News Egypt

Mechanisation of public wages to stimulate economy: Visa Egypt director

Around 6.5 public employees will be offered this service

Doaa Farid

13.9% growth rate of banks’ foreign deposits during March: CBE

Market witnessed competition in attracting foreign currency savings, according analysts

Daily News Egypt

EGP 23.3bn increase in bank loans in March: CBE

The private sector acquired 80.8% out of the total loan balances

Daily News Egypt

Economic recovery positively impacts banks’ performance

Significant rise witnessed in loans and deposits in Egypt’s banking sector in…

Daily News Egypt

Widening ABC’s client base is top of my priorities: New chairman

By Hossam Mounir In his first announcement as the new Regional Manager…

Daily News Egypt