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

The banking sector and global financial stability: challenges and prospects

“Eurozone crisis aggravated by common monetary policy in Europe"

Mohamed Salah Mohamed Salah

HSBC to launch mobile banking

During a media roundtable discussion the bank’s MENA regional head of retail…

Mohamed El-Bahrawi Mohamed El-Bahrawi

Arab African International Bank launches new line of lending products

The Arab African International Bank presents new lending solutions that suit customers…

Islam Serour Islam Serour

EFG Hermes reports a 66 percent drop in net profits during Q2

By Islam Serour EFG Hermes released the Consolidated Financial Report for the…

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Banks lend more attention to financing the private sector

Banks are currently reconsidering financing other sectors to invest their liquid surplus

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Banks regain confidence in construction materials market

It is expected that banks largely invest in construction materials during the…

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National Bank of Egypt to finance tourist projects

By Walid Abdelazim An official at the National Bank of Egypt (NBE)…

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Corruption allegations against Ministry of Transportation

Previous regime’s deal with Suez Canal Container Terminal hemorrhaging funds

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Banking experts meet Morsy to expose sector’s corruption

By Mahmoud Salah El-Din Bankers, members of the group Central Accounting Apparatus…

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FJP to restructure the National Investment Bank

The FJP's economic committee sets out to restructure the National Investment Bank…

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