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

Egypt’s Central Bank issues guiding principles for sustainable financing

Principles are important step in supporting Egypt’s development efforts, plans to achieve…

Hossam Mounir

Egypt’s inflation to hover around midpoint of target 7% in Q4 of 2022: Central Bank

Monetary Policy Committee’s decisions regarding interest rate have been appropriate, consistent with…

Hossam Mounir

Banking consortium offers EGP 962m syndicated loan to open branches of European universities in Egypt

Banking consortium is comprised of National Bank of Egypt (EGP 462m), Egyptian…

Daily News Egypt

HSBC named Best Investment Bank in Egypt by Euromoney

HSBC has been named as the Best Investment Bank in Egypt at…

Hossam Mounir

Egypt is strategic economic partner for France: Crédit Agricole Egypt MD

Credit Agricole is definitely well positioned to promote investment in Egypt, facilitate…

Hossam Mounir

Crédit Agricole Egypt, Visa renew partnership for 5 years

New agreement will expand customer’s convenience, accelerate digital transformation

Daily News Egypt

National Bank of Egypt manages over EGP 134bn worth financing deals in H1 2021

Bank allocates EGP 30bn for new mortgage financing initiative with 3% interest…

Daily News Egypt

Central Bank of Egypt regulates commercial registration, documentation at banks

Step comes in light of strengthening cooperation between banking sector, ITDA, Notary…

Hossam Mounir

Winners announced for C3 Social Impact Accelerator Program 2021 powered by HSBC

Egyptian start-up Baramoda wins top prize at regional competition

Hossam Mounir

EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE

Volume of term deposits, proceeds of savings certificates in foreign currencies increased…

Hossam Mounir