Egypt News Egypt in talks to sell remaining 20% stake in Alex Bank – Bloomberg Nada Ali Sep 22, 2024 0 Egypt is poised to make a significant step in its economic reform agenda by selling its remaining stake in Alex…
Egypt News Egypt’s pound stable exchange prices on Sunday Norhan Adel Apr 2, 2023 0 The Egyptian pound started this week’s trading sessions maintaining its position against the dollar. Stable prices…
Egypt News Egyptian Pound exchange rates stable on Wednesday Norhan Adel Mar 29, 2023 0 The Egyptian pound has recorded 30.85 against U.S. dollar on Wednesday, with exchange rates slightly changing in…
Egypt News Egyptian pound exchange rates stable on Tuesday Norhan Adel Mar 28, 2023 0 The Egyptian pound has recorded 30.85 against U.S. dollar on Tuesday, with minor variation in exchange prices at…
forex news Egyptian pound’s fixed against U.S. dollar Norhan Adel Mar 27, 2023 0 The Egyptian pound has recorded 30.85 against U.S. dollar on Monday, maintaining its price range right below 31…
Egypt News Egypt’s pound stable against dollar Norhan Adel Mar 23, 2023 0 Egypt’s pound currency has recorded EGP 30.85 against the U.S. dollar during trading on Thursday.
Featured EBRD, ALEXBANK to boost Egypt SMEs with $100 mln mohamed Hamdy Feb 23, 2020 0 The European Bank for Reconstruction and Development (EBRD) has signed an agreement with ALEXBANK to support the…
Banks 7 banks, Dubai developer Majid Al Futtaim sign $281.6mn syndicated loan Yomna Yasser Mar 31, 2016 0 A consortium of banks including seven banks inked a 2.5 billion Egyptian pounds ($281.6 million) syndicated loan…
Banks Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance Yomna Yasser Mar 18, 2014 0 Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran…
Banks Alex Bank Says Profits Hit EGP349 mln by H1/2013 Yomna Yasser Aug 29, 2013 0 Alex Bank Intesa Sanpaolo reported profits totaled EGP 349.3 million by the first half of 2013, compared to…
Banks Alex Bank Mulls Contributing EGP 100 Mln To MAF Loan Administrator May 28, 2013 0 Alex Bank Intesa Sanpaolo considers contributing EGP 100 million to the EGP 3 billion loan arranged for Majid Al…
Banks Alex Bank To Join 3 Banks In Financing Franchise Enterprises Administrator May 25, 2013 0 Alex Bank Intesa Sanpaolo plans to join the National Bank of Egypt (NBE), Bank Audi Egypt and Industrial…
Banks Alex Bank Develops 12 Branches, Asks For Islamic Banking License Administrator May 8, 2013 0 Alex Bank Intesa Sanpaolo targets to upgrade 12 branches out of its 200 ones in 2013. The bank has not asked the…
Banks Alex Bank’s Auto Loans Hit EGP 1.5 Bln At End-April Administrator May 8, 2013 0 Alex Bank Intesa Sanpaolo’s auto loan portfolio reached EGP 1.5 billion at the end of last April, accounting for…
Banks Alex Bank Raises Funds With ATMs In Industrial Areas In Easter Holiday Administrator May 5, 2013 0 Alex Bank Intesa Sanpaolo supplies its ATMs with more funds during public holidays and days off especially in…
Banks Alex Bank To Raise Retail Finances By EGP 250 Mln In 2013 Administrator Apr 30, 2013 0 Alex Bank Intesa Sanpaolo targets to increase retail finances by EGP 250 million by the end of 2013, Bassel Rahmy,…
Financial Institutions Metropolitan Consulting Settles A Customer’s Debt To Alex Bank Administrator Apr 3, 2013 0 Metropolitan Consulting has successfully reached an agreement with Alex Bank Intesa Sanpaolo to settle the debts of…
Banks Alex Bank’s Branches In Port Said, Port Fouad Working Normally Administrator Feb 17, 2013 0 Alex Bank’s branches in Port Said and Port Fouad are open for customers in the regular working hours after stepping…
Banks Moody’s Downgrades Five Egyptian Banks, Maintains Review Administrator Feb 16, 2013 0 Moody's Investors Service has downgraded the ratings of five Egyptian banks. The affected banks are: --- National…
Financial Institutions Delta Renews Loan Default Insurance Policy Of Alex Bank Borrowers Administrator Feb 6, 2013 0 Delta Life Insurance Company renewed the insurance policy covering borrowers from Alex Bank for a year, said Ayman…
Banks Banks Close Branches, But Replenish ATMs In Suez Canal Governorates Administrator Jan 27, 2013 0 Banking sources said banks decided to close its branches in the Suez Canal region (Ismailia, Port Said and Suez)…
Banks Vodafone Egypt To Secure €30 Mln Loan From 3 Banks Administrator Dec 30, 2012 0 Vodafone Egypt targets to secure a credit facility ranging from €25 million to €30 million in the next few days.…
Banks Alex Bank Sale Lawsuit Delayed To April 15th Administrator Dec 17, 2012 0 The State Commissioners Authority at the Administrative Court postponed the lawsuit raised to nullify the sale of…
Banks Rafidain Bank Moves Headquarters To NBE’s Branch In Faisal Administrator Dec 9, 2012 0 Rafidain Bank has moved its headquarters located in Tahrir Street in Dokki to the National Bank of Egypt’s (NBE)…
Banks Alex Bank’s SME Finances Hit EGP 1.2 Bln In November Administrator Dec 2, 2012 0 Alex Bank Intesa Sanpaolo’s portfolio of finances offered to small and medium enterprises (SMEs) surged by 17.2% to…
Banks Alex Bank’s Micro-Enterprise Finance Hits 110 Mln In September Administrator Nov 27, 2012 0 Alex Bank Intesa Sanpaolo’s micro-enterprise finance portfolio reached EGP 110 million at the end of last…
Banks AAIB Disbursed 112,000 Yellow Remittances Worth EGP 430 Mln Administrator Oct 17, 2012 0 The Arab African International Bank (AAIB) disbursed 112,000 yellow remittances worth EGP 430 million in the sixth…
Banks Alex Bank Sale Lawsuit Adjourned To December 17th Administrator Oct 15, 2012 0 The State Commissioners Authority at the Administrative Court postponed the case raised for nullifying the sale of…
Banks Alex Bank Celebrates Customer Satisfaction Day Administrator Oct 8, 2012 0 Alex Bank has celebrated today the customer satisfaction day for the second year in its branches, administrations…
Banks Alex Bank Eyes 15% Growth In SMEs Portfolio By H2 2012 Administrator Jul 15, 2012 0 Alex Bank-Intesa Sanpaolo targets to increase SMEs loans portfolio by 15% in the second half of the current year,…
Banks Banque Misr Disbursed 87,770 Yellow Remittances Worth EGP 305 Mln Administrator Jul 14, 2012 0 Banque Misr disbursed 87,774 yellow remittances worth EGP 305, 339, 514 in the third month of disbursing…
Banks Alex Bank: Deposits Rose To EGP 31.5 Bln At Mid 2012 Administrator Jul 8, 2012 0 Alex Bank- Intesa Sanpaolo said the value of deposits surged by EGP 200 million, registering EGP 31.5 billion at…
Banks Alex Bank: Loans Portfolio Stood At EGP 20.6 Bln In June 2012 Administrator Jul 7, 2012 0 Alex Bank- Intesa Sanpaolo said its loans portfolio registered EGP 20.62 billion at the end of last June, up from…
Banks Alex Bank To Inject EGP 500 Mln In Retail Loans Portfolio In 2nd Half Of 2012 Administrator Jul 4, 2012 0 Alex Bank- Intesa San Paolo targets injecting EGP 500 million in retail banking portfolio in the second half of the…
Banks 4 Egyptian Banks Disbursed 517,000 Yellow Remittances Worth 1.941 Bln Administrator Jun 21, 2012 0 The National Bank of Egypt (NBE), Banque Misr, Alex Bank and Arab African International Bank (AAIB) disbursed…
Banks Banque Misr Issues 80,000 Yellow Remittance With EGP 279 million Amwal Al Ghad English May 26, 2012 0 An official source said that Banque Misr disbursed 80 121 yellow remittances worth EGP 279.926 million two months…
Banks Stillness Prevails In Banks On First Day of Presidential Elections Administrator May 23, 2012 0 A state of stillness and anticipation prevailed over the banks’ branches as there were no customers and civil…
Banks Alex Bank Injects EGP 200 Mln To SMEs Loans Portfolio Administrator May 15, 2012 0 Alex Bank targets to expand in financing Small and medium enterprises through injecting EGP 200 million to its SMEs…
Banks Alex Bank Disbursed 184,000 Yellow Remittances Administrator May 13, 2012 0 Alex Bank disbursed 184 thousand yellow remittances with value of EGP 729 million till the end of the last week,…
Banks AlexBank Disburses 55% Of Yellow Remittances Administrator Apr 28, 2012 0 Alex Bank Intesa Sanpaolo disbursed EGP 600 million, the value of 55% of the total yellow remittances scheduled to…