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

CIB first Middle East institution to be included as case study in London Business School curriculum

The London Business School announced the inclusion of Commercial International Bank -…

Daily News Egypt

Egyptian banks’ aggregate financial position breaks $5tn end-March 2018: CBE

EGP 24.376bn total profits in market, top five banks account for 64.875%

Hossam Mounir

IDWBE SMEs portfolio registers EGP 2.6bn

We managed to finance 70,000 clients, link gas to 92,000 residential units…

Hossam Mounir

Amer briefs new PM on forex reserves updates, monetary, financial policy legislation

CBE governor discusses with communications minister enhancing cooperation to transform into digital…

Hossam Mounir

Government T-bonds dues rise to EGP 699.168bn end-May

State to pay $18bn, €2bn between December 2018, February 2048

Hossam Mounir

HDB launches mobile service, prepares to launch internet banking by year-end

Launching service is important step in bank's targeted development plan, to keep…

Daily News Egypt

We are continuing to move economy, Egyptian people to unprecedented place: CBE governor

President showed great courage in face of challenges, giving us support to…

Hossam Mounir

CBE offers $715m worth of T-Bills

Offering's proceeds to cover earlier offering made on 16 June 2017

Hossam Mounir

ADIB-Egypt fastest growing of three Islamic banks in Egypt

Bank’s Q1 2018 net income records EGP 159m, doubling y-o-y, 21% higher…

Hossam Mounir