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

Banks turn to companies with temporary workers to promote Aman certificate

Certificate proceeds from NBE, ABE amounted to EGP 16m in first week

Hossam Mounir

AlexBank achieves EGP 2.783bn net profit in 2017

The Bank of Alexandria (AlexBank) announced that it recorded a net profit…

Daily News Egypt

Egyptians flock to purchase ‘Aman’ insurance certificates

NBE offering Aman certificates to temporary workers of companies dealing with it

Hossam Mounir

International bonds push Egypt’s foreign reserves to $42.524bn at end-February

Egypt recorded the highest foreign reserves in its history at $42.524bn at…

Hossam Mounir

HDB brings nationwide branches to 81

Bank opened first branch in Matrouh, second branch in Borg El Arab…

Daily News Egypt

EALB joins Egyptian Union of Microfinance

Bank aims to expand in microfinance for its great economic, social importance,…

Hossam Mounir

Visa cooperates with Banque Misr, ExxonMobil to achieve financial inclusion: Visa GM for North Africa

Newly launched City of Dreams proved games can be powerful teaching tools

Daily News Egypt

AIB allocates EGP 100m to finance microprojects: chairperson

Bank injected EGP 80m to finance microprojects through associations, companies

Hossam Mounir

4 state-run banks to offer Aman insurance certificates Sunday

Certificates to cover temporary workers, other individuals without social security coverage

Hossam Mounir

How to get personal or mortgage loans from CIB?

Commercial International Bank – Egypt (CIB) offers personal loans ranging from EGP…

Daily News Egypt