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Banks
Alex Bank To Raise Retail Finances By EGP 250 Mln In 2013
Alex Bank Intesa Sanpaolo targets to increase retail finances by EGP 250 million by the end of 2013, Bassel Rahmy,…
Egypt’s Central Bank Accepts EGP 18 Bln Deposits On Tuesday
The Central Bank of Egypt (CBE) has accepted EGP 18 billion worth of seven-day deposits at a fixed interest rate of…
3 Banks Consider Contributing To Petroleum Marine Loan
The Egyptian Gulf Bank (EGB), Banque Misr and Export Development Bank of Egypt study the possibility of…
Four Lenders Finance White Taxi Phase III With EGP 450 Mln
The National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Nasser Social Bank plan to finance the…
NBE Offers EGP 200 Mln Environmental Finances In Q1
The total value of finances offered by the National Bank of Egypt (NBE) to environmental causes reached EGP 200…
Foreign Banks Hold US$ 800 Bln Of Arab Funds: Economic Expert
Dr. Salah Gouda, Economic Adviser to the European Commission, stated that the value of Arab funds held by foreign…
NBE Finances White Taxi Project Phase III With EGP 150 Mln
The National Bank of Egypt (NBE) targets to contribute EGP 150 million to the loans offered to finance the third…
Egypt says Qatar asking 5 pct interest on $3 bln bonds
Qatar is asking for 5 percent interest and an 18-month maturity on $3 billion in bonds it has offered to buy from…
Finance Ministry Raises EGP 1 Bln In T-Bonds On Monday
The Egyptian Ministry of Finance sold 5- and 7-year treasury bonds worth EGP one billion on Monday. The yields on…
Abu Dhabi Islamic Bank Egypt Achieves EGP 10.2 Mln Net Profit In Q1
Abu Dhabi Islamic Bank – Egypt achieved profitability in the first quarter of 2013 for the first time in its…
