Afreximbank secures $1 billion facility for Egyptian institutions
The African Export-Import Bank (Afreximbank) has secured more than $1 billion worth of indirect credit facilities…
Browsing Tag
letters of guarantee
Banque Du Caire says to inject $169 mln in SME projects this year
Egypt’s third biggest public lender Banque du Caire plans to inject 1.5 billion Egyptian pounds ($169 million) into…
Siemens requesting Letters of Guarantees for Egypt Power Projects
German industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian…
Ahli United Bank Grants EGP15bn Letters of Credit in 10 Months
In 10 months, Ahli United Bank (AUB) granted an EGP14-15 billion worth of letters of credit to support Egypt’s…
Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013
During 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ 2 billion in favor of the…
IDBE’s Total SME Finance Portfolio Hit EGP520 by Oct-end
The Industrial Development and Workers Bank of Egypt (IDWB) said on Monday its SME direct and indirect finance…
Banque Du Caire Issues $60 Mln Letters of Credit For Crude Oil
Banque Du Caire has approved to provide $60 million letters of credit for the Egyptian General Petroleum…
Ahli United Bank Issued LCs And LGs Worth EGP 4.3 Bln During Jan-Feb
Ahli United Bank issued letters of credit and guarantee worth EGP 4.357 billion in January and February. Sources…
Hatem Saleh Decreases Letters Of Guarantee On Industrial Land
Egyptian Minister of Industry and Foreign Trade Hatem Saleh decided this morning to cut down on the value of the…
