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

AAIB co-finances largest solar energy project in ME in Aswan

The Arab African International Bank (AAIB) has successfully contributed to financing the…

Daily News Egypt

CBE approves establishment of Banque du Caire’s leasing company with EGP 100m paid-up capital

Company will contribute to a better future for bank's investment, financing plans:…

Hossam Mounir

Loans up by EGP 10bn, deposits increase by EGP 42bn in October 2017: CBE

Total financial position of banks in Egypt scores EGP 4.795tn

Hossam Mounir

Will CBE cut interest rates on Thursday?

Amer hinted at imminent cuts, but linked them to curbing inflation first

Hossam Mounir

Global stock markets crisis will not affect Egypt’s bonds issuance: CBE

An official source at the Central Bank of Egypt (CBE) said that…

Mohamed Samir

CBE governor reveals secret of FX reserves hike in January 2018

CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down…

Hossam Mounir

Foreign reserves hit record high of $38.21bn at end-January 2018

Volume of foreign currency liquidity up $1.036bn, gold up $135m, says CBE

Hossam Mounir

Five Egyptian investment banks receive MENA Fund Manager Performance Awards

Five Egyptian investments bank have received the MENA Fund Manager Performance Awards…

Daily News Egypt

SMEDA to launch 2nd stage of SMEs online platform in March

First stage was launched in August 2017, provided information about services for…

Hossam Mounir

EBI kicks off 2018 with launch of e-learning services: executive director

EBI trains more than 50,000 trainees annually, provides over 63,000 training hours,…

Hossam Mounir