Six banks to arrange $311mn loan for Egypt’s Food Industries Holding
Egypt’s third biggest state-run bank, Banque Du Caire takes part in arranging a multi-billion pound loan for the…
Browsing Tag
AlexBank
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
Moody's Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks.…
AlexBank unveils 2014 Robust Performance, Net Profits 9.5% up
Triggered by significantly improved operating environment, Alexbank announced Thursday it delivered in 2014 a…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
AlexBank, MetLife Alico announce Bancassurance Partnership
The Pharaonic American Life Insurance Company- Alico (MetLife Alico) will offer its products through the nationwide…
AlexBank: Retail Lending hikes to EGP12 billion at September-end
AlexBank – a member of Italian bank Intesa Sanpaolo Group – reported a total retail lending portfolio of 12.090…
SMEs ‘Magic Wand’ for Egypt’s Economic Growth – AlexBank
The small and micro-sized enterprises (SMEs) are the magic wand to fix Egypt’s ailing economy, said head of SME…
