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

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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Deutsche Bank to co-operate with Libor probe

Berlin (AFP) - Deutsche Bank wants to cooperate with European investigators probing…

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National Bank of Egypt leads in transaction banking

By Ayat El-Battawy Transaction banking is the backbone of the banking industry.…

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Barclays moves to repair ‘devastating blow’ to reputation

Barclays said that Agius, who has chaired the bank for six years,…

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Banque Misr receives sizeable capital injection

the government decided to provide an EGP 6.3 billion capital injection to…

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NCR establishes centre for ATM monitoring

Company sold 900 machines in 2011, company’s machines account for 91% of…

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Moody’s downgrade gives edge to safe-haven banks

(Reuters) - Major ratings downgrades by Moody’s will further divide the world’s…

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Banks push to secure offices and ATM machines

All banks in Cairo undertook efforts to secure their facilities as they…

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