Banque Misr’s leasing arm pump funds of $55.8 mln in 9 months
The leasing arm of Egypt’s second state lender Banque Misr has pumped funds of one billion Egyptian pounds ($55.8…
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HDB agrees with Port Said Governor to establish 294 new units
Egyptian lender Housing and Development Bank has signed an agreement with Port Said Governor Adel Al Ghadban to…
Local bank, international institution to launch first Fintech fund
A number of local banks seeks to launch the first fund to invest in Fintech in cooperation with international…
Banque du Caire, Uzbekistan National Bank join hands to support Egypt exports
Egyptian state-run lender Banque du Caire and the National Bank of Uzbekistan (NBU), one of the largest investment…
Egypt’s core inflation rises slightly to 8.83% y-o-y in August – central bank
Egypt’s core inflation slightly rose to 8.83 percent year-on-year in August from 8.54 percent in July, the central…
Foreign investments in Egypt government treasuries hit $15 bln in July
Foreign investments in Egyptian government securities fell to around 269.11 billion Egyptian pounds ($15 billion)…
Suez Canal Bank to offer EGP900 mln for SMEs
Egypt's state-owned Suez Canal Bank is planning to pump loans of 900 million Egyptian pounds during the upcoming…
BDC in talks to borrow $50 million from 2 financial institutions
Banque du Caire is negotiating with two financial institution to borrow $50 million in order to fund small and…
HDB approves EGP400 mln funds to HD Leasing
Housing and Development Bank (HDBK) has agreed to pump 400 million Egyptian pounds funds for HD Leasing, chairman…
EALB secures EGP 130m to CBE’s mortgage finance initiative
Egyptian Arab Land Bank (EALB) has pumped around 130 million Egyptian Pounds in funds for the Central Bank of…