Banks NBE To Settle EGP 500 Mln Bad Debt Owed By Abdel Wahab Kouta Administrator Jul 11, 2012 0 The National Bank of Egypt (NBE) has given an initial approval over the settlement plan proposed by the ailing…
Financial Institutions Morsi Strengthens Egypt’s Position In Negotiations Over US$ 3.2 Bln IMF loan: Bankers Administrator Jul 2, 2012 0 Under the rule of an elected president, the negotiations over an US$ 3.2 billion loan from the International…
Banks CIB Contributes With US$ 60 Mln in ERC’s Letters of Guarantee Administrator Jun 26, 2012 0 Commercial International Bank (CIB) approved to contribute in financing the issuing of letters of credit and…
Banks Banks Retreat From Financing US$ 300 Mln LG For ERC Administrator Jun 21, 2012 0 The Egyptian Refining Company (ERC) seems to face financial problems after banks has retreated from financing the…
Banks Arrangers Of Egyptian Company For Ethylene’s Loan Signed Terms Sheet Administrator Jun 10, 2012 0 Arrangers of the syndicated loan to be offered to Egyptian Company for Ethylene have signed the terms sheet of the…
Banks AAIB Studies EGP 500 Loan Mln To NUCA Administrator May 15, 2012 0 Arab African International Bank (AAIB) studies contributing with EGP 500 million in the syndicated loan to be…
Banks AAIB Studies $ 100 Mln Loan to KIMA Administrator May 14, 2012 0 Arab African International Bank (AAIB) studies contributing with about US$ 100 million in the syndicated loan…
Banks Nonperforming Loans To SMEs are 2%: SFD Administrator May 6, 2012 0 About 2% of finances offered by the Fund to small and medium enterprises (SMEs) are not yet collected, while the…
Banks SFD Receives EGP 300 mln to finance Micro-Business Administrator May 5, 2012 0 Social Fund for Development (SFD) signed EGP 300 million contracts to finance micro-enterprises in commercial,…