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

Global economic recovery depends on effectiveness, availability of COVID-19 vaccines: CBE

The CBE decided on Thursday, to keep the basic interest rates at…

Hossam Mounir

AAIB lends support to Egypt’s cashless economy drive

Bank to offer Egyptian merchants state-of-the-art N-Genius™ payment platform

Daily News Egypt

Federation of Egyptian Banks contributes EGP 500m towards COVID-19 vaccine

Banks working in Egyptian market have donated over EGP 750m towards this…

Daily News Egypt

Central Bank of Egypt to review interest rates for 1st time in 2021 on Thursday

In its last meeting for 2020, Bank decided to maintain deposit and…

Hossam Mounir

CIB included in 2021 Bloomberg Gender-Equality Index

The Commercial International Bank (CIB) announced, on Tuesday, that it has been…

Daily News Egypt

CIB included in 2021 Bloomberg Gender-Equality Index

Inclusion is bank’s third consecutive year of recognition for its strides in…

Daily News Egypt

Net foreign assets in banking sector rise EGP 20.991bn in December 2020

Household sector added EGP 643.108bn in local currency deposits during 2020

Hossam Mounir

National Bank of Egypt adds NIB’s investment certificates to its savings vessels: Official

Net sales of former NIB’s certificates stood at about EGP 435bn in…

Hossam Mounir

Bank Audi – Egypt reports EGP 10bn increase in assets, deposits during 2020

Bank Audi – Egypt has revealed that its total assets rose to…

Hossam Mounir

Digital banking transactions through CIB’s Mobile Banking jump to EGP 53bn in 2020

CIB presents 2020 digital transformation results amid COVID-19

Daily News Egypt