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

saib continues geographical expansion by opening new branch in Shebin Al-Koum, Menoufiya

We aim to expand our branch network to competitive levels that combine…

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CBE introduces first 10-pound plastic banknote, paper version still valid

Citizens can get new plastic banknote through over 4,500 branches of Egyptian…

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NBE inaugurates NBE-Juba PLC branch in South Sudan

The bank was granted the required licenses from the Central Bank of…

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CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022

Customer deposits rise to EGP 6.980 trillion by end of March, of…

Hossam Mounir Hossam Mounir

CBE extends exemption of some banking services from commissions until end of 2022

Exemption from commissions and fees for transfers between mobile accounts and transfers…

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National Bank of Egypt opens first branch in South Sudan

South Sudan Vice President said that National Bank of Egypt Juba is…

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National Bank of Egypt to open its first branch in South Sudan on Tuesday

National Bank of Egypt’s presence in Juba achieves more cooperation, development in…

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Best Payment Gateways Solutions in Egypt

Egypt plans on integrating Payment Gateway Solutions with E-commerce Merchants, to help…

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Current interest rates depend on expected inflation rates, not prevailing ones: CBE

Achieving low, stable inflation rates in medium term prerequisite for supporting purchasing…

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CIB launches Sustaining Sectors programme to help businesses grow

CIB’s “Sustaining Sectors” programme was created as part of Bank’s ongoing mission…

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