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

IDBE-Egypt expands real estate finance

Chairperson of the Board of Directors of the Industrial Development Bank and…

Daily News Egypt

CIB profits EGP5.7bn in 9 months 

Commercial International Bank (CIB) posted a record profit of EGP 2.1bn in…

Daily News Egypt

BM SMEs portfolio registers EGP 4.4bn at end of June

Bank launches training programme to raise entrepreneurs’ awareness in Alexandria

Hossam Mounir

CBE grants ABE deposit of EGP 4bn for 10 years

The Egyptian Agricultural Bank's losses fell from EGP 1.084bn at the end…

Hossam Mounir

Flotation decision was an urgent necessity and action taken at the right time: Banks officials

Decision contributed to increasing FX Reserves to $36.5bn, and positively impacted  banks…

Hossam Mounir

Linking Egyptian banks to COMESA supports economic relations, facilitates funds transfer: CBE Deputy Governor

Starting series of workshops to raise awareness of all state sectors of…

Hossam Mounir

The Egyptian Banking Institute (EIB) is organising a seminar on financing green projects

The Research and Awareness Department at the EIB is organising a seminar…

Hossam Mounir

Mashreq Bank Egypt inaugurates its new branch to serve Mashreq Gold customers, SMEs, and corporations

Mashreq Bank Egypt announced the inauguration of its new branch in Heliopolis…

Hossam Mounir

Small construction companies demand banks to support them

The small and medium-sized companies working in the construction sector demanded that…

Hossam Mounir

Banque du Caire arranges two loans for petroleum sector worth EGP 4-5bn

The bank is considering contributing to the Islamic loan, which is arranged…

Hossam Mounir