Latest Banking News
FJP to restructure the National Investment Bank
The FJP's economic committee sets out to restructure the National Investment Bank…
Deutsche Bank to co-operate with Libor probe
Berlin (AFP) - Deutsche Bank wants to cooperate with European investigators probing…
National Bank of Egypt leads in transaction banking
By Ayat El-Battawy Transaction banking is the backbone of the banking industry.…
Barclays moves to repair ‘devastating blow’ to reputation
Barclays said that Agius, who has chaired the bank for six years,…
Banque Misr receives sizeable capital injection
the government decided to provide an EGP 6.3 billion capital injection to…
NCR establishes centre for ATM monitoring
Company sold 900 machines in 2011, company’s machines account for 91% of…
Moody’s downgrade gives edge to safe-haven banks
(Reuters) - Major ratings downgrades by Moody’s will further divide the world’s…
Banks push to secure offices and ATM machines
All banks in Cairo undertook efforts to secure their facilities as they…
Dissolution of Parliament brings back IMF deal
Despite what Egypt has been undergoing over the previous year and a…
The Egyptian Arab Land Bank: EGP 2bn in funding for individuals
It is hoped that both the credit portfolio and deposits will increase…