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

Five key themes of IDB launch: chairperson

We aim to overcome financial position problem, deferred losses by end of…

Hossam Mounir

Banque du Caire decides to disburse employees’ share of profits for FY 2017

Monthly allowance of employees increased, in addition to periodic, extraordinary bonuses

Daily News Egypt

IDB signs protocol with SMEDA to provide microfinance services

Bank aims to access 100,000 clients to provide jobs, curb unemployment

Hossam Mounir

CBE reveals several important indicators of performance of banks during Q1 2018

More than EGP 39bn increase in volume of deposits, EGP 85.2bn in…

Hossam Mounir

Defaulting clients visiting government banks to settle their debts

Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…

Hossam Mounir

Al Ahly Exchange branches increase to seven

NBE aims to expand aggressively in non-bank financial activities, says chairperson

Daily News Egypt

ABE, Ministry of Irrigation sign joint cooperation protocol in field of funding modern irrigation projects

Bank will fund these projects within framework of its role in achieving…

Hossam Mounir

Inauguration ceremony, first council meeting of China-Arab Countries Inter-Bank Association led by NBE, CBD

Establishment of association marks a new milestone in relationship between China and…

Hossam Mounir

Best credit cards for online shopping 2018

Today, every single thing we do is in some way or the…

Daily News Egypt