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

Strong expectations to fix pound’s interest rate at Thursday CBE meeting

MPC to hold 8 meetings in 2018 to look into destiny of…

Hossam Mounir

Banks financed foreign trade operations worth $70.8bn from pound floatation to 14 December 2017: CBE

The total volume of foreign trade operations implemented by banks working in…

Hossam Mounir

MSME finances 227,000 projects worth EGP 1.93bn in Beheira

Authority provided grants worth EGP 250m for implementation of labour-intensive infrastructure projects,…

Hossam Mounir

Why will CBE not allow Sawiris to establish a bank?

Majority of major banks in world started as family businesses

Hossam Mounir

NBK investments in Egypt long-term, strategic: Al Sager

Success achieved by NBK since entry into Egyptian market exceeded all expectations

Hossam Mounir

NBK – Egypt targets 20% total growth in 2018: CEO & managing director

NBK Group fully believes in Egyptian market, potential opportunities it offers, promising…

Hossam Mounir

NBE deposits at EGP 900bn, loans EGP 400bn up to mid-December 2017: bank VP

We aim to achieve growth rates of 15-20% by end-June 2018, our…

Hossam Mounir

How to obtain a personal loan from Banque du Caire?

Banque du Caire offers personal loans to public and private sector employees,…

Daily News Egypt

Private sector loans from banks amounted to EGP 1.058tn

The volume of loans obtained by the private sector from banks increased…

Daily News Egypt

Bank investments in T-bills amounted to EGP 564.3bn

The total investments initiated by banks operating in the Egyptian market amounted…

Daily News Egypt