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…
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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…
EALB plans to pump EGP700mln Joint financing in two companies
State-run Egyptian Arab Land Bank (EALB) is planning to pump 700 million Egyptian pounds into joint funding being…
Corplease issues 8th securitization bonds of EGP 1.4 bn through 5 banks
A consortium of five banks are arranging the 8th issuance of the securitization bonds of Corporate Leasing Company…
MSMEDA, EBE sign EGP40mln deal on supporting young exporters
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an agreement of 40 million Egyptian…
EALB secures EGP300mln funds for Almostakbal City developers
The state-owned Egyptian Arab Land Bank (EALB) has secured an amount of 300 million Egyptian pounds ($17.4 million)…
MSMEDA eyes EGP300mln funding agreements with SAIB, Banque Du Caire
Micro, Small and Medium Enterprises Development Agency (MSMEDA) is seeking to sign two micro finance agreements of…
Egypt’s Taamir Leasing seeks EGP2.5bln contracts by 2019-end
Taamir Leasing Co. – Al Oula has posted total leasing contracts of 1.9 billion Egyptian Pounds during the current…