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 coordinates EGP 750m syndicated loan for Dorra Group’s CRC

saib acted as bookrunner and agent of the deal, while the National…

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NBE maintains syndicated loan leadership in Egypt 1Q 2020: Bloomberg

Bank concludes 6 financing deals of total EGP 15.4bn

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Banks in local market move to support irregular employment

Banks make donations as follows, EGP 80m from NBE, EGP 40m from…

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NBE starts selling Ma’ash Bokra insurance policies on Sunday

Policies issued in cooperation with Misr Life Insurance

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Egypt’s annual core inflation on hold at 1.9% in March: CBE

The CBE added that its consumer price index (CPI) inched up to…

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CBE abolishes black lists, allows irregular customers dealings with banks

Banks given 3 months to filter databases, 12,000 companies, 320,000 citizens benefit…

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NBE reports net profits of EGP 20.2bn in FY 2018/19

The bank’s total finances increased to EGP 1.6trn in June 2019, compared…

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Banks tighten COVID-19 precautions following cases detected in some branches

CBE stresses importance of using electronic payment channels to limit virus spread

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HDB extends Hassan Ghanem’s tenure as Chairperson, Managing Director for 3 years

Bank's consolidated net after-tax profits reach record high of EGP 2.2bn in…

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FEB, CBE launche initiative to support coronavirus affected

Bank donations divided into four segments according to 2019 profits

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