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Banks
Nine Banks Sign MAf Definitive Loan Agreement Today
Nine banks will sign on Sunday the definitive agreement of the EGP 3 billion loan arranged for Majid Al Futtaim…
KIMA Loan Agreement Signing Postponed To Q2, 2013
Five banks have delayed signing a US$ 423 million loan agreement with the Egyptian Chemical Industries Company…
Four Banks, Finance Ministry, Traffic Police To Discuss White Taxi Project Next Tuesday
Four banks, financing the third phase of white taxi project, will hold a meeting with the Ministry of Finance and…
Egyptian Dollar CDs Attract US$ 181 Mln In 8 Months
The Egyptian dollar-denominated certificate of deposit launched by the National Bank of Egypt (NBE), Banque Misr,…
EU Offers Banks Chance To Cut Fines In Rate-Fixing Probe: Sources
The European Commission wants to conclude its investigation into the fixing of lending benchmarks Euribor and Libor…
NBE’s Platinum Certificates Attract EGP 95 Bln
The National Bank of Egypt’s (NBE) platinum certificate attracted deposits of more than EGP 1 billion to the bank…
Al Nour Party Suggests Five Alternatives To Foreign Borrowing
A member of Al Nour Party said the foreign loans that that Egyptian government seeks to secure will impose great…
Finance Ministry Sells 182-, 364-Day T-Bills Worth EGP 6.5 Bln
The Egyptian Ministry of Finance sold 182- and 364-day T-bills worth EGP 2.5 billion and EGP 4 billion,…
Banque Misr Offers Egyptian Steel Group EGP 275 Mln Bridge Loan Next Week
Banque Misr will sign the definitive agreement of the EGP 275 million bridge loan offered to the Egyptian Steel…
CIB’s Retail Loans Hit EGP 5.9 Bln At End-2012
The Commercial International Bank’s (CIB) retail loan portfolio rose 28.6% (EGP 1.3 billion) to reach EGP 5.9…