BM Lease injects EGP500mln joint financing in 9 months
The leasing arm of Egypt’s second state lender Banque Misr, BM Lease has secured 500 million Egyptian pounds joint…
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Egyptian Arab Land Bank secures EGP13.2bn loans by Sep-end
The state-owned Egyptian Arab Land Bank (EALB)'s loans portfolio has increased to 13.2 billion Egyptian pounds by…
Egypt’s banks pump $1.5bn among CBE’s mortgage initiative by Sept-end
Egypt's local banks injected 26 billion Egyptian pounds (US$ 1.5 billion) in favour of the central bank's…
Egypt’s Agricultural Bank studies injecting EGP1.5bln into SMEs
Egypt’s main agricultural lender, the Egyptian Agricultural Bank is studying the possibility of pumping funding of…
National Bank of Egypt says won’t slash rates on saving certificates
National Bank of Egypt (NBE), the country's largest state bank, has decided not to slash the interest rates of it…
Egypt’s Banque Misr small-sized loans rose to $489.6 mln since 2016
Egypt’s Banque Misr has offered a total of 8 billion Egyptian pounds ($489.6 million) in loans for small-sized…
Banque du Caire’s leasing arm signs $49mln deals in H1
Banque du Caire's financial leasing arm, Cairo Leasing Company as signed deals exceeding 800 million Egyptian…
Arab African Int’l Leasing signs leasing contracts of EGP1.4 bln in H1 2019
The Arab African International Leasing (AAIL), affiliate of Arab African International Bank has signed deals of 1.4…
Egypt’s housing bank pumps EGP 6.6bn into mortgage financing
Egyptian state-owned Housing and Development Bank's (HDB) has posted mortgage finance portfolio of 6.6 billion…
Union National Bank seeks to increase Egypt market share in Egypt by 2023
Union National Bank - Egypt (UNBE) seeks to capture a market share of 3 percent by the end of 2023, up from 1.1…