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

Egypt paid $1.36bn of international bond balances in December 2018

Ministry of Finance reduced volume of outstanding balances of international bonds to…

Hossam Mounir

ABE general assembly adopts bank’s articles of association

Assembly decision last measure to complete implementation of Law 84 for merger…

Hossam Mounir

17.4% increase in total bank deposits balance in 2017/18: CAPMAS

Total deposits balance increased in 2017/18 to reach EGP 3553.6bn, with an…

Hossam Mounir

All banks operating in Egyptian market invited to adopt principles of responsible banking

Egyptian banking sector is strong, capable of achieving Egypt's leadership in sustainable…

Hossam Mounir

Micro finance portfolio at Banque du Caire registers EGP 4.5bn at end of December: Chairperson

Bank launches community training, employment project for youth at beginning of 2019

Hossam Mounir

Banque Misr manages, arranges 38 funding deals worth EGP 60.16bn in 2018

Bank ranks first among banks working in Egypt in terms of joint…

Daily News Egypt

NBE manages loans, grants worth €330m to fund EPAP, bank chairperson says

Bank signed 3 new agreements to fund Semadco, Emisal, AMOC with €25m…

Hossam Mounir

NBE launches first phase of electronic service branch project

First phase of project includes 4 branches in Nasr City, Fifth settlement,…

Daily News Egypt

United Bank’s mortgage portfolio scored EGP 235m: Chairperson

Bank funded housing units purchase for 1,850 clients, says El-Kady

Hossam Mounir

Banque du Caire launches electronic loan repayment service, credit card payments in cooperation with Fawry

Service reduces time, effort exerted by customers, supports premium banking services: Banque…

Daily News Egypt