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

HDB, Ministry of Emigration explore cooperation on various initiatives

The Housing and Development Bank (HDB) and the Ministry of State for…

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HDB opens new branch in New Cairo, expanding its network across Egypt

The Housing and Development Bank (HDB) inaugurated its “Les Roi” branch in…

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Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative

Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE

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CIB issues social sustainability bonds worth EGP 3.806bn for Tasahil

First, largest securitization bond issuance of this type in Egypt, Africa

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ADCB collaborates with UNIDO to support green growth in Egypt

Abu Dhabi Commercial Bank Egypt (ADCB) has joined the Inclusive Green Growth…

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Abu Dhabi Islamic Finance’s Arzaq gets licence to open 13 branches in 10 Egyptian governorates

Arzaq, a microfinance company owned by Abu Dhabi Islamic Bank Egypt, has…

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CBE’s EG-FinCIRT joins OIC-CERT

The Central Bank of Egypt (CBE) announces that its Computing Incident Response…

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ABE reports impressive growth in business results for 2023

Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth

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NBE manages 28 financing deals worth EGP 322.5bn in 2023

Bank leads market in corporate financing, syndicated loans, with 36% share: Okasha

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CBE reconstitutes five main committees affiliated with Board of Directors

They are monetary policy, management, audit, capital markets, banking development committees

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