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

Can fintech companies replace banks?

Cooperation between two financial services providers required for benefit of all, bankers…

Hossam Mounir

AAEC launches project to link North Africa to China’s Belt and Road

Plan aims to attract investments of $2-4tn to Egypt, North Africa, Al…

Hossam Mounir

FX reserves climbed to $44.029bn end-April 2018: CBE

Foreign exchange reserves at the Central Bank of Egypt continued to rise…

Hossam Mounir

ABE issued 139,000 Aman certificates worth EGP 163m: chairperson

We have other requests worth EGP 88m, sales mostly of EGP 500,…

Hossam Mounir

UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks

Union stressed on importance of creating regulatory system that ensures safety of…

Hossam Mounir

ABE receives 301,000 tonnes of wheat worth EGP 1.17bn

Beheira, Minya, Sharqeya governorates topped supply list of local wheat: ElKosayer

Hossam Mounir

CBE launches global tender for consultancy to study Arab electronic payments system

32% of Egyptians deal with banking system, post offices, Hussein says

Hossam Mounir

New banking law presented to CBE board of directors: Amer

Kuwait agrees preliminary to renew $4bn deposits to Egypt, says CBE governor

Shaimaa Raafat