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

NBE inaugurates NBE-Juba PLC branch in South Sudan

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

Daily News Egypt

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

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…

Hossam Mounir

National Bank of Egypt opens first branch in South Sudan

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

Daily News Egypt

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…

Daily News Egypt

Best Payment Gateways Solutions in Egypt

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

Daily News Egypt

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

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

Hossam Mounir

CIB launches Sustaining Sectors programme to help businesses grow

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

Daily News Egypt

NBE raises stake in Afrexim Bank by $326.6m

This comes after Afrexim Bank invited shareholders to participate in increasing its…

Hossam Mounir