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

NBE studies financial needs of East Port Said Industrial Zone

Delegation from bank visits area to discuss project’s required banking services, factories…

Hossam Mounir

Remittances of Egyptian expats reach $23.3bn in 11M18: CBE

Increase of 5.7% in remittances compared to same period in 2017

Hossam Mounir

Price of US dollar against pound nearly stable on Tuesday after two-day decline

US currency recovers less than half piaster of 30 piasters it lost…

Hossam Mounir

US dollar continues to fall against pound, losing 7 piasters

Market watching exchange trade trend, amid expectations of further appreciation of pound

Hossam Mounir

Dollar value falls by over EGP 0.22, biggest decline in 9 months

American currency supply increases in interbank market amid resumption of foreign investment…

Hossam Mounir

“We work with clients to boost digital commerce in 2019”: Visa GM in North Africa

Visa will exert all efforts to make Cup of African Nations memorable…

Hossam Mounir

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