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 aims to complete treatment plan, put bank on right track by mid-2019: chairperson

We are working on new beginning of bank to serve economy, especially…

Hossam Mounir

ABE, Misr El Kheir Foundation cooperate for rehabilitation, operation of suspended livestock production stations

Bank's cooperation with Misr El Kheir Foundation's Ard El Kheir amounted to…

Hossam Mounir

Right time to invest in Egypt: Asian Infrastructure Investment Bank

Egypt has come long way in developing SCZone, attracting many local, foreign…

Daily News Egypt

EGP 1.393bn net profits of HDB by end of September 2018: Chairperson

EGP 2.4bn net income from return with 64.9% increase rate compared to…

Hossam Mounir

Banks continue to shine with strong business results in 9M18

Marked increase in deposits, loans portfolios, NPLs decline at most banks

Hossam Mounir

CBE floats €675m T-bonds on Monday

Bonds bear maturity of 364 days, due on 12 November 2019

Hossam Mounir

Banque du Caire aims to expand routes to support foreign trade, back Egyptian exporters 

Bank sponsored FEI visit to Tanzania to encourage Egyptian exports

Daily News Egypt

NBE secure EGP 300m to Zewail City of Science, Technology: Okasha

Launch of NBE institute building city for science, engineering, nanotechnology

Daily News Egypt

CBE reviews interest rates on Thursday

MPC cut interest rates twice this year, kept them unchanged during 4…

Hossam Mounir

Egypt repays $1.36bn worth of international bonds in December

Outstanding bonds worth $18bn and €2bn due within 30 years

Hossam Mounir