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

AIBK, vaIU agree to support car sales for Uber drivers through installments

Protocol aims to boost financial inclusion in Egypt

Hossam Mounir

EALB studying granting EGP 3bn for various economic institutions’ activities

Bank contributed EGP 175m in joint loan granted to Memaar Al Morshedy 

Hossam Mounir

$10m loan to finance MSMEs from SANAD in partnership with Banque du Caire

The SANAD Fund for MSMEs (SANAD) announced, in a press statement on…

Mohamed Samir

IDWBE corporate financing portfolio up by EGP 1bn: vice chairperson

Bank aims to inject EGP 450m to link natural gas to 160,000…

Hossam Mounir

Emirates NBD provides real estate funding up to EGP 5m

Emirates NBD-Egypt offers real estate loans worth up to EGP 5m.

Daily News Egypt

EBI discusses digital transformation of banks

In cooperation with the International Finance Corporation (IFC), the Egyptian Banking Institute…

Daily News Egypt

Governmental banks offer sterling pound savings certificates

The National Bank of Egypt (NBE), Banque Misr, and Banque du Caire…

Daily News Egypt

CBE asks banks to monitor some customer accounts

The Central Bank of Egypt (CBE) requested that banks operating in the…

Daily News Egypt

ABE aims injecting EGP 4.5bn in new loans during 2018: El Kosayar

ABE directs about 80% of loan portfolio to agricultural, livestock sectors, associated…

Hossam Mounir

ABE, 3 government agencies manage provision of livestock, distribution to small breeders

Bank will provide necessary funds for livestock imports, says El Kosayar

Hossam Mounir