World Bank earmarks $200 million for Egypt micro, small-sized projects
The World Bank agreed a $200 million financing to Egypt last month to fund micro and small-sized business, head of…
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Suez Canal Bank injects $47.8mn into syndicated loans in Q1 – source
Egypt’s state-run Suez Canal Bank pumped 800 million Egyptian pounds ($47.8 million) into a number of syndicated…
AlexBank SMEs loans records EGP 3.2 bln in Q1 2019
AlexBank, a member of Italian bank Intesa Sanpaolo, recorded a total Small and medium enterprises loan of 3.2…
Egyptian Arab Land Bank secures $89.1bn for schools, hospitals projects
State-run Egyptian Arab Land Bank (EALB) said on Wednesday it has pumped around 1.5 billion Egyptian pounds ($89.1…
QNB captures 41.53% of Q1 factoring activity in Egypt – report
QNB ALAHLI Factoring Company, part of QNB AlAhli Bank, ranked first registering a market share of 41.53 percent of…
Egypt’s Industrial Development Bank eyes $26.7 mln operating profits at year-end
Egyptian Industrial Development and Workers Bank (IDWBE) says it targets operating profits up to 450 million…
Industrial Development bank launches an initiative to finance 1,000 factories
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) announced that the bank launched an initiative to…
CIB’s personal funding increases to 24.7 bln pounds in 2019
Egypt’s biggest private bank, Commercial International Bank (CIB), has achieved an increase in its personal funding…
Attijariwafa Bank to increase its corporate portfolio to EGP15 bln in 2019
Attijariwafa Bank Egypt seeks to increase the credit portfolio of medium and large enterprises to 15 billion pounds…
Microfinance activity records 6 bln pounds in Q1 2019
Egypt’s microfinance activity balance has increased over the first (Q1) of 2019 to register 6 billion Egyptian…