Egypt’s housing bank pumps EGP6.7bln into personal mortgage in 9 months
Egyptian state-owned Housing and Development Bank’s (HDB) has pumped personal mortgage loans of 6.7 billion…
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Agricultural Bank settles default loans of EGP1bln as part of CBE initiative
Egypt’s main agricultural lender, the Egyptian Agricultural Bank has settled loans with 13.6 thousands defaulters…
Technolease tops Egypt leasing market share in 9 months
Technolease for Financial Leasing has grabbed 23.5 percent of the Egyptian leasing market share during the first 9…
Crédit Agricole signs medium-term loan to support Egypt’s oil and gas sector
Crédit Agricole Egypt has signed on Monday a medium-term loan deal with Petroleum Air Services (PAS).
Microfinance activity records EGP14.8 bln pounds in Q3 2019
Egypt’s microfinance activity balance has increased over the third quarter (Q3) of 2019 to register 14.8 billion…
Egypt’s leasing contracts surge 48.9% in 9 months: FRA
The total value of leasing contracts recorded 40.5 billion Egyptian pounds in the first nine months of 2019 with a…
Attijariwafa Bank manages EGP 75 mn of Raya securitization bonds
Attijariwafa Bank is managing 75 million Egyptian pound ($4.6 million) of Raya Holding's securitized bond issuance…
Citibank Egypt won’t get back into local retail operations
Citibank Egypt is not planning to renter into retail banking activity in Egypt, its country officer Mohamed Abdel…
Global Leasing Company seeks to secure two loans worth EGP400 mln
Global Leasing Company, co-founded by Wadi Degla Holding and SANAD Fund, is seeking to secure two loans worth 400…
NBE boosts retail lending to EGP80 bln in 2019
National Bank of Egypt (NBE), the country's largest state bank, has posted an increase in its retail lending to 80…