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

IDB prepares to launch full range of digital banking services: Chairperson

Bank has allocated significant budget to achieve comprehensive technological development, establish electronic…

Hossam Mounir

Significant increase in customers using Bank Audi electronic channels: Egypt CEO

COVID-19 has contributed to changing behaviour patterns of large proportion of banking…

Hossam Mounir

HDB offers digital services compatible with all customer segments: Chairperson

HDB Net presents over 15 comprehensive online banking services, says Hassan Ghanem

Hossam Mounir

COVID-19 helps banks expand in digital services: CIB Official

CIB adopts long-term strategy to develop digital channels, automate payments, says Mohamed…

Hossam Mounir

Time for digital revolution in Egyptian banking system

CBE takes steady steps, initiatives to support fintech in Egypt

Hossam Mounir

Al-Sisi directs banks in Egypt to continue local market support, development financing

About EGP 180bn has been invested in 120,000 companies as part of…

Hossam Mounir

HDB reports EGP 1.3bn in PBT during H1 2020 despite COVID-19

Bank’s portfolio of customer loans and facilities achieves 8.6% growth to EGP…

Hossam Mounir

Suez Canal Bank reports 31% net profit growth in June

Bank sells its entire stake in MIDOR to EGPC for $30.6m

Daily News Egypt

CBE reveals reasons behind July inflation decline

Annual headline urban inflation declines to 4.2% in July, from 5.6% in…

Hossam Mounir

Egypt banks celebrate International Youth Day with increased support for financial inclusion

Egyptian banks to support new accounts at no minimum amount or fees,…

Hossam Mounir