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

EBRD supports international trade through $10m loan to Al Ahli Bank of Kuwait-Egypt

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion…

Daily News Egypt

Government, banking sector stress support for SMEs

NILEX is one of the most effective factors in financing these projects:…

Hossam Mounir

Egypt aims to take private, public sector loans to EGP 2tn

No intention to postpone $5.2bn Afreximbank loan to be repaid before end…

Abdel Razek Al-Shuwekhi

EBRD provides 7 Egyptian banks $225m

Funding is reallocated for SMEs, women, green projects, and foreign trade

Hossam Mounir

CBE reaches terms for $3.1bn financing from international banks

CBE repaid total sum of $2bn on November 9, honouring Repurchase Transaction…

Hossam Mounir

ADIB appoints Mohamed Aly as CEO, MD of ADIB Egypt

Abu Dhabi Islamic Bank (ADIB) has appointed Mohamed Aly as CEO of…

Daily News Egypt

United Bank establishes specialised technical, advisory support unit for entrepreneurs

The unit aims to ensure the continuity of the project and the…

Hossam Mounir

How to get microfinance from Banque Misr

Banque Misr serves micro entrepreneurs through 197 branches nationwide

Daily News Egypt

Green project bonds worth USD100bn in world market

Director of the Research Department at the Egyptian Banking Institute (EBI) Ola…

Daily News Egypt

17 banks involved in financing limited and middle-income housing

"There are 17 banks and three companies participating in the CBE’s initiative…

Daily News Egypt