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Banks
SMEs Portfolio To Represent 30% off AIB’s Loans by 2014
Hany Seif El Nasr, chairman & managing director of Arab Investment Bank, said the Bank’s strategy for…
PBDAC To Raise Micro-Enterprises Loans to EGP 900 Mln By End Of 2012/2013
Principal Bank for Development and Agricultural Credit (PBDAC) targets to increase micro-enterprises loan portfolio…
IDBE Studies Offering EGP 64 Mln To SMEs
Industrial Development and Workers Bank of Egypt (IDBE) disbursed EGP 57.5 million out of EGP 150 million, the…
NBAD Provides Instant Mobile Remittance To India
The National Bank of Abu Dhabi (NBAD) has added a new feature to its Arrow service,the mobile-based payment…
Banque Misr Injects EGP 500 Mln In Retail Banking Portfolio In 2012
Banque Misr plans to inject EGP 500 million in its retail banking portfolio to register EGP 2.750 billion in the…
CBE Sells EGP 4 Bln T-Bills
Central Bank of Egypt said the yield on 266-day treasury bills rose at an auction on last Sunday and the regulator…
Emirates NBD Wins 3 Global Finance Awards For 2012
Emirates NBD , the leading Bank in the region, won "Best Bank in UAE", "Best Trade Finance Bank in UAE" and "Best…
AUB Reduces Returns on 3, 5-Yr Certificates Of Deposit To 11.5%, 11.25%
Ahli United Bank (AUB) decided to reduce the quarterly return and half-annual return on its 3-year certificates of…
NBE’s Raises T-Bills Investments to EGP 78 Bln
National Bank of Egypt’s investment in treasury bills reached EGP 78 billion for the current fiscal year. Bills are…
Crédit Agricole Egypt Announces Its Q1 2012 Financial Results
Following the bank’s recent announcement of its financial results for Q1 2012, Mr. François-Edouard Drion, Chairman…