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

MSMEs Development Agency launches first electronic platform for SMEs

The Mirco, Small, and Medium Enterprises Development Agency (MSMEs Development Agency) will…

Daily News Egypt

EMF discusses electronic portal to pay micro-credit via mobile

The Egyptian Microfinance Federation (EMF) organised on Wednesday a panel discussion on…

Daily News Egypt

EBI holds a seminar on fintech Monday

The Research and Awareness Department at the Egyptian Banking Institute (EBI) is…

Daily News Egypt

NBK celebrates 10 years in Egypt

The National Bank of Kuwait (NBK) Group will celebrate 10 years of…

Daily News Egypt

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

CBE pays $600m to Afreximbank

Governor of the Central Bank of Egypt (CBE) Tarek Amer said that…

Daily News Egypt

Gold value behind CBE foreign reserve hike in November

Value of gold increased to $2.702bn, up by $63m from October

Hossam Mounir

CBE pays Afreximbank $2bn 

Foreign exchange reserves continue to rise, reached $36.723bn at end November 2017

Daily News Egypt

CBE to receive EALB development plan by early 2018: EALB chairperson

We have managed to attract new deposits worth over EGP 1.2bn while…

Hossam Mounir

IFC loans CIB $100m

The International Finance Corporation (IFC) signed an agreement on Tuesday with the…

Mohamed Farag