ERBD provides $600mln for banks in Egypt
European Bank for Reconstruction and Development (EBRD) has provided $600 million for banks operating in Egypt to…
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Misr Iran Bank joining with EGP200mln in a syndicated loan to Al Marasem International
Misr Iran Development Bank (MIDB) approves participation in a syndicated loan to Al Marasem International for…
Egy Lease secures fund of EGP100mln from Emirates NBD
Egy Lease, the leasing arm of Industrial Development & Workers Bank of Egypt, has secured a fund of 100 million…
Egypt’s Banque du Caire in talks for Kuwait fund’s $30 mln loan
Egypt's third biggest public lender, Banque Du Caire is close to securing a foreign loan from the Kuwait Fund for…
MSMEDA provides EGP3bln in funding to SMEs in 2018
The Micro, Small, and Medium Enterprise Development Authority (MSMEDA) has pumped 3 billion Egyptian pounds into…
Banque Misr’s leasing arm receives EGP1.5 bln from 8 banks in 2018
The leasing arm of Egypt’s second state lender Banque Misr, BM Lease has signed deals worth 1.5 billion Egyptian…
Banque Misr’s leasing arm seeks contracts of EGP1.2bln inn 2019
BM for Financia Leasing, owned jointly by Banque Misr, the Insurance Holding Co. & Long Live Egypt Fund, is set…
Banks provide credit facilities of 1.6 tln by the end of October
The credit facilities provided by the banks in Egypt have increased by 25.3 billion Egyptian pounds to record 1.63…
Egypt’s Agricultural Bank pumps 605 mln to 1314 clients as part of CBE initiative
Egypt's main agricultural lender, the Egyptian Agricultural Bank has pumped funds of 605 million Egyptian pounds to…
EFSA: Egypt’s leasing contracts surge 140% in ten months
Egyptian Financial Supervisory Authority (EFSA) revealed that leasing companies have signed 291 contracts worth…