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

Court suspends CBE’s decision to limit tenure of bank heads to 9 years

Tarek Amer, the CBE’s governor, issued a decision at the end of…

Mohamed Ayyad

United Bank provides an attractive avenue for Gulf, foreign banks to enter Egyptian market: chairperson

Daily News Egypt sits down with Ashraf Al-Kady in his first interview…

Hossam Mounir

Banks keep ignoring CBE’s interest increase

Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…

Hossam Mounir

UAE Exchange offers same-day cash pickup facility to customers in Egypt

Payment solution firm extends relationship with ALEXBANK to improve customer service and…

Daily News Egypt

ETTA extends deadline for banks’ complaints to Tuesday

Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014

Abdel Razek Al-Shuwekhi

United Bank’s SMEs portfolio reaches EGP 900m: chairperson

According to El-Kady, SME-projects represent about 12% of the bank's credit portfolio,…

Hossam Mounir

Vodafone, CIB agree to transfer money via mobile phones through MasterCard services

The service also includes connecting CIB cards with mobile phones, allowing customers…

Daily News Egypt

MasterCard gives tips on Father’s Day shopping

MasterCard gives advice on how to be a smart and savvy shopper

Nicholas Mehling