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

CBE offers 1-year T-bills bid worth $980m on Monday

Proceeds of bid are used to pay for value of previous bid…

Hossam Mounir

Banque Misr, NBE maintain interest on savings vessels

Proceeds of NBE’s various savings certificates increase by over EGP 230bn since…

Hossam Mounir

Crédit Agricole rolls out Egypt’s 1st environment-friendly contactless payment cards

New polylactic acid cards from G+D are certified as environment-friendly by international…

Daily News Egypt

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

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

Hossam Mounir

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

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

Hossam Mounir

AAIB lends support to Egypt’s cashless economy drive

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

Daily News Egypt

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

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

Daily News Egypt

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…

Hossam Mounir

CIB included in 2021 Bloomberg Gender-Equality Index

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

Daily News Egypt

CIB included in 2021 Bloomberg Gender-Equality Index

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

Daily News Egypt