Browsing Category
Banks
Nasser Social Bank’s Budget Hit EGP 9.185 Bln in Six Months
Nasser Social Bank’s budget for the first half of FY 2012/2013 reached EGP 9.185 billion, registering an increase…
Finance Ministry Sells 182-, 357-Day T-Bills Worth EGP 6.5 Bln
The Egyptian Ministry of Finance sold 182- and 357-day T-bills worth EGP 6.5 billion on Thursday. The Ministry…
NBE Considers Financing 45,000 Bakeries To Work On Natural Gas
The National Bank of Egypt (NBE) studies to finance from 40,000 to 45,000 bakeries in all governorates in Egypt to…
Banque Du Caire’s 4th Fund Attracts EGP 130 Mln
Banque Du Caire’s fourth investment fund attracted about EGP 130 million, exceeding the target by 30%. The fund is…
NBE Did Not Receive Official Request To Delay “White Taxi” Debt Payments
Banks financing the “white taxi project” have not received any official letter concerning the delay of payments of…
CBE Offers US$ 40 Mln To Local Banks At FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Thursday, with a maximum of US$ 6 million…
Egypt Govt Approves Law Allowing Islamic Bond Issues
The Egyptian government approved a draft law on Wednesday that will allow the state and private borrowers to issue…
Suez Canal Bank’s Islamic Banking Transactions Hit EGP 950 Mln At End-2012
Suez Canal Bank’s Islamic banking transactions reached EGP 950 million at the end of 2012, registering an annual…
SAIB Withdraws From Consortium Financing Egyptian Steel Group
Société Arabe Internationale de Banque (SAIB) withdrew from the consortium arranging EGP EGP 1.07 billion loan for…
CBE Offers US$ 40 Mln To Local Banks At FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Wednesday, with a maximum of US$ 6 million…