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Banks
Egypt’s Finance To Offer T-Bills Worth EGP 7.5 Bln Tomorrow
Egypt’s Finance Ministry will offer tomorrow 182- and 364-day treasury-bills. The Ministry said in its website…
NBE Mulls Providing EMC With EGP 100 Mln Credit Facilities
The National Bank of Egypt (NBE) considers offering new credit facilities worth EGP 100 million to the Egyptian…
Egypt’s Central Bank Offers US$ 800 Mln At Exceptional FX Auction
The Central Bank of Egypt (CBE) Offers US$ 800 million on Wednesday at an exceptional auction so as to address the…
Egypt’s Central Bank Accepts EGP 10 Bln At 7th Deposit Auction
The Central Bank of Egypt (CBE) has accepted EGP 10 billion worth of seven-day deposits at a fixed interest rate of…
FEB Discusses Micro-enterprise Financing Methods Next June
The Federation of Egyptian Banks (FEB) will hold a meeting next month to discuss the possible methods of financing…
Agricultural Credit Bank Grants Loan Defaulters Reprieve Till End-June
The Principal Bank for Development and Agricultural Credit has given loan defaulters a reprieve till the end of…
CIB’s Non-Performing Loans Accounted For 3.97% Of Total Lending In Q1
The Commercial International Bank (CIB) has allocated provisions worth EGP 266 million in the first quarter of…
Jpmorgan Investors On Edge Over Vote On Dimon; What If They Win?
As final ballots come in on a proposal to strip JPMorgan Chase & Co Chairman and Chief Executive Jamie Dimon of…
Egypt’s Govt. Says Banks Negligent In Financing Industrial Projects
The Egyptian government aims to settle financial and legal disputes between companies and factories on one side and…
Finance Ministry Sells EGP 900 Mln T-Bonds
The Egyptian Ministry of Finance raised EGP 900 million in treasury bonds, while it sought to sell 3-, and 7-year…