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

NBAD managing $1.5bn bonds for Egyptian government: CEO

NBAD prepared five-year plan to promote its shares in Egypt, will play…

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Banque Du Caire grants $60m to Egyptian Electricity Holding Company

Loan is $521m in total, and will be used in launching power…

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20% expected growth in 2014-2015 revenues: Banque Misr Chairman

Bank is launching lease company and 15 new branches for Islamic services,…

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NBAD to hold ‘Egypt on the Rise’ conference

The conference aims to discuss steps needed to encourage foreign direct investments…

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ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees Shaimaa Al-Aees

NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015

The bank has pumped EGP 3.5bn into SMEs sector

Doaa Farid Doaa Farid

Global banking is HSBC’s priority in Egypt: Blanchet

HSBC launched in April its second International Growth Fund, worth EGP 300m,…

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NBE aims for 10% growth in all bank indicators: Okasha

Deposits portfolio at $11bn for foreign currencies by the end of March

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CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index

NBE has most customer satisfaction, 255 companies take part in the evaluation,…

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