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

3 banks arrange syndicated loan of EGP 1.3bn for Evergrow

List includes AAIB, National Bank of Egypt and Abu Dhabi Islamic bank

Daily News Egypt

United Bank of Egypt to grant 100 awards to MasterCard ‘Rakhaa’ users

The United Bank of Egypt plans to grant 100 awards to its…

Daily News Egypt

WASME to hold annual conference in Cairo in September: Vice President

The World Association for Small and Medium Enterprises (WASME) has decided to…

Hossam Mounir

EGP 597bn total local outstanding treasury bonds balances by June: Finance Ministry

$5.75bn in bonds were launched in international markets from September 2005 to…

Hossam Mounir

EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE

The CBE added that the household sector acquired EGP 75.9bn out of…

Daily News Egypt

Dollar to officially jump to EGP 8.01: Dcode EFC

Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate…

Mohamed Ayyad

Dollar price against Egyptian pound stabilises, market anticipates CBE’s next step

CBE moved to raise the dollar to limit imports, says CBE Governor…

Daily News Egypt

CBE continues decreasing pound’s value against dollar

A further 10 piasters reduced against the US dollar to 7.83EGP

Daily News Egypt

Banque Misr to support science centre in Children’s Civilisation and Creativity Museum

Banque Misr stresses its keenness on contributing to all projects that encourage…

Daily News Egypt

Four bank representatives in Egyptian Union for Real Estate Financing board

 The federation also includes four representatives OF real estate companies affiliated to…

Daily News Egypt