9 banks to fund Egypt coal power plant via 26.5bn pounds loan
A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
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Arab African International Bank (AAIB)
Arab African International Bank is a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA). With each party holding a 49.37% stake, the Central Bank of Egypt and the Kuwait Investment Authority are the core of AAIB’s shareholder base.
AAIB bank negotiating 250-300 mln Egyptian pounds financing
Egypt’s Arab African International Bank (AAIB) is seeking to obtain finances ranging between 250 million Egyptian…
EBRD studying $300 million loans for Egyptian banks
The European Bank for Reconstruction and Development (EBRD) says it is studying giving some banks in Egypt new…
Egypt’s AAIB bank negotiating $110 million loans from EBRD, SANAD Fund
Egypt’s Arab African International Bank (AAIB) is currently negotiating loans worth $110 million with two…
Egypt’s AAIB bank negotiating dollar loan from EBRD
Egypt’s Arab African International Bank (AAIB) is negotiating dollar-dominated loans from some international…
Egypt’s AAIB bank to set up presence in Rwanda, Kenya in 2020
Egypt’s Arab African International Bank (AAIB) is planning to set up an African presence after 2020, senior sources…
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
AAIB bank Egypt to complete technology upgrade in June
Egypt’s Arab African International Bank (AAIB) plans to complete upgrading its information technology systems…
IFC loans AAIB bank $100 million to support Egypt SMEs, energy projects
The International Finance Corporation (IFC), a member of the World Bank Group, has provided a $100 million loan to…
AAIB bank, Germany’s SANAD Fund team up to form Egyptian microfinance firm
Cairo-based Arab African International Bank (AAIB) and SANAD Fund for MSMEs, part of the German state-run Kfw…