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Banks
IDBE Provides EGP 190 Mln For SMEs
Industrial Development & Workers Bank of Egypt has signed finance agreements with Social Fund for Development…
Banque Misr Honors Its Winners Of Banking Institute Competition
Mohamed Barakat, chairman of Banque Misr, honored seven of the Bank’s employees who won the highest ranks in the…
4 Chinese Banks Lend 300 Bln Yuan In March
China's big four state banks extended almost 300 billion yuan ($47.50 billion) in new local-currency loans last…
Arab Banking Corporation’s Ratings Affirmed At ‘BBB+’; Outlook Stable
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Arab Banking…
Ministry of Finance Offers EGP 5.5 Bln T-Bills
Ministry of Finance plans to sell 5.5 billion Egyptian pounds ($911 million) of bills today as an impasse between…
UAE’s Regulator Sets Loan Limits For State Firms
The United Arab Emirates' central bank said on Thursday it had amended large exposure limit rules for commercial…
Piraeus Bank To Sell Egypt’s Unit
Five parties from Middle East and North Africa are attracted to acquire Greece's Piraeus Bank arm in Egypt, valued…
Bank of England Maintains Interest Rate At 0.5%
The Bank of England’s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank…
Misr Iran’s Retail Portfolio Registers 15 Mln At The End of Q1
Misr Iran Bank’s retail portfolio rose by EGP two million, registering EGP 15 million at the end of the first…