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

National Bank of Egypt offers EGP 3.9bn in debt help for 45 defaulting businesses

59 factories re-operate with proper production capacity to compensate losses: NBE Chairperson

Hossam Mounir Hossam Mounir

Credit Agricole Egypt allocates EGP 200m to finance medical sector

In an official ceremony, UltraTeb was launched as the first electronic platform…

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MSMEDA pumps EGP 36bn to finance 1.4 million small, micro projects within 7 years

MSMEDA provides marketing services free of charge to small projects during Turathna…

Hossam Mounir Hossam Mounir

HSBC Egypt launches Evolve to facilitate FX trading for corporate clients

HSBC Evolve gives corporate clients ability to perform wide range of trading…

Hossam Mounir Hossam Mounir

CBE oblige banks to improve access for people with disabilities

People with disabilities face infrastructure, information, and customer service barriers at bank…

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Egyptian Banking Institute expands training, capabilities developing of bankers locally, Africa-wide

Total of 24,150 trainees receive EBI’s interactive distance learning in 2020/21

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Nasser Alshaali appointed as Chairperson of HSBC Egypt

A member of a number of private and public executive and board…

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CBE announces financial soundness indicators of Egyptian banking system during H1 2021

Total financial position of banking operating in Egypt increases to EGP 7.948trn

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Central Bank of Egypt reveals performance indicators of banking system in FY 2020/21

Total financial position of banks operating locally reaches EGP 1.54trn

Hossam Mounir Hossam Mounir