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

Islamic banking in Egypt worth EGP 222bn

The volume of Islamic banking in the Egyptian market reached EGP 222bn,…

Daily News Egypt

ABE supplies its veal project EGP 45m

The Agricultural Bank of Egypt (ABE) has provided EGP 45m to about…

Daily News Egypt

Egyptian banks score EGP 44.75bn profits end-September: CBE

Top five banks account for 46.67% of total profits, top 10 accounts…

Hossam Mounir

$1.5bn surplus in Q1 FY 2017/2018 balance of payments: CBE

Exports increased to $5.8bn between July and September 2017, against $14.8bn imports

Hossam Mounir

CBE offers $1bn worth of T-bills on Monday

Proceeds to cover earlier offering made on 13 December 2016 worth $1.1185bn

Hossam Mounir

How to get a car loan from AAIB

The Arab African International Bank (AAIB) requires owning an account at the…

Daily News Egypt

IDWBE loans portfolio up EGP 3bn in 18 months

Deposits up EGP 10bn from April 2016 to October 2017, says Fahmy

Hossam Mounir

CBE approves ABE EGP 200m for veal project from SMEs portfolio

Bank to sign EGP 50m contract with MSMES Development Agency to finance…

Hossam Mounir

NBE funds external operations worth $18.5bn in 13 months: bank’s vice president

Bank foreign exchange earnings $17bn from 3 November 2016 to 5 December…

Hossam Mounir

Egypt did not request extending maturity of CBE $2bn Kuwaiti deposit: senior government official

UAE agreed to extend the maturity of its $2bn deposit with CBE…

Hossam Mounir