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

Banks move toward digitisation, fintech

NBE launches first e-service branch; Banque du Caire to introduce first smart…

Hossam Mounir

I-Score launches inquiry product through internet in H1of 2019

Database of I-score now includes 15.5 million clients and 300,000 SMEs

Daily News Egypt

Six important targets for ABE to achieve in 2019: Chairperson

'We aim to increase bank's role in microfinance, financial inclusion, expand e-payments':…

Hossam Mounir

NBE eyes 15%-20% growth in its various activities during 2019: Vice Chairperson

Industry bank’s top priority due to its positive impacts on economy overall:…

Hossam Mounir

UNB-E aims to achieve 40% growth rate in 2019: Vice Chairperson

Bank has ambitious plans to expand in SMEs to reach various social…

Hossam Mounir

IDB aims to close deferred losses file completely during H1 2019: Chairperson

We need cultural reform plan to develop people's awareness that to thrive…

Hossam Mounir

Banque du Caire to expand funds in all economic sectors to assist in economic development: Chairperson

‘We achieved 80% growth rate in financing SMEs, 95% in micro funding,…

Hossam Mounir

2019 is year of challenges, opportunities for banks

There are many challenges, pressures on banks' budgets, profits in upcoming period

Daily News Egypt

Ridding NPLs is dream of Suez Canal Bank chairperson in 2019

'We managed to settle EGP 1.5bn of debts in last 18 months':…

Hossam Mounir