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

Suez Canal Bank plans to break into retail banking, real estate finance, SME financing in its new strategy: chairperson

The bank has established 3 new departments specialised in these activities and…

Hossam Mounir

Tarek Metwally resigns from BLOM Bank Egypt after 31 years

Metwally was the Deputy Managing Director and Board Member

Hossam Mounir

Mostadam Forum launches its fourth training course for young bankers in Egypt, Middle East

Programme will be held from 5 to 8 November 2017, discusses Equator…

Daily News Egypt

CIB-Egypt honours first graduates of Small Business Consultants from AASBC

Commercial International Bank-Egypt (CIB) honoured the first graduating class of the SME…

Daily News Egypt

Al Ahli Bank of Kuwait-Egypt, EFG Hermes Financial Leasing sign cooperation protocol to support SMEs

Bank is considering launching several initiatives to provide maximum support to this…

Daily News Egypt

Banks block terrorism by expanding financing for small, medium and micro enterprises

CBE believes SMEs can counter terrorism through creating jobs, reducing unemployment, says…

Hossam Mounir

Banks put women’s economic, social empowerment at top of priorities 

Initiatives and funding programmes for women led by the CBE in cooperation…

Hossam Mounir

3 banks contribute largest share of financing for housing loans 

HDBEG contributes EGP 3.5bn to the CBE’s initiative, NBE gives EGP 2bn,…

Hossam Mounir

NBE enables paying tax, tuition fees electronically

We are seeking to launch Debit Business Card to provide more alternatives…

Hossam Mounir

Only 33% of Egyptian adults own bank accounts: deputy CBE governor

We call on banks to cooperate with the National Council for Women…

Hossam Mounir