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

CBE issues standard criteria for accepting electronic payment using QR Code

Standard criteria is a new step towards digital economy and contributing to…

Hossam Mounir

Banking experts expect economy to boom in 2018

Energy, construction, SMEs will playbiggest role in raising economic growth rates this…

Hossam Mounir

Arab Investment Bank aims to boost loans portfolio to EGP 15bn by end-2018: chairperson

We eye 50% growth in financing, 30% in deposits, profits, says Seif…

Hossam Mounir

Egypt to reap economic reform fruits in 2018:  El-Damaty

Banks will focus on financing renewable energy, construction, communications sectors in coming…

Hossam Mounir

2018 is year of transition, not prosperity: Kamal

State continues to import most production components, many goods, case which may…

Daily News Egypt

2018 to see 6% economic growth rates in 2018: El-Kosayer 

Public debt is still safe and, unlikely to increase, keeping the current…

Hossam Mounir

Industry future of state in coming period next to SMEs: Fahmy

Energy sector is most prominent sector that can contribute strongly to growth,…

Hossam Mounir

SMEs base for comprehensive development: Refaie

Suez Canal Bank agreed to participate in loans worth EGP 4bn for…

Hossam Mounir

Economic growth, high standard of living depend on SMEs expansion: Abdeen

Banks working to accelerate production, achieve sustainable development by focusing on funding…

Hossam Mounir

Banks to continue supporting government developmental plan in 2018: Fayed

We expect Egyptian economy in 2018 to witness higher growth rates reaching…

Hossam Mounir