Asia banks’ bad debt pile highest since global financial crisis
Bad debts at Asian banks have jumped to their highest since the global financial crisis and the trend will likely…
Browsing Tag
bad debts
AlexBank Writes off NPLs worth EGP116 million in Q1
Bank of Alexandria has written off non-performing loans (NPLs) worth around EGP 116.7 million during the first…
NBE’s NPLs Up To EGP 6.5 Bln As Dollar Hikes
The National Bank of Egypt’s (NBE) non-performing loan portfolio registered EGP 6.5 billion at the end of last…
NBE To Sign Debt Settlement Agreement With Food Industries Company
The National Bank of Egypt (NBE) has approved signing debt settlement agreement with a food industries company…
NBE, EALB, ABC May Settle EGP 115 Mln Debt For Dokki Hospital
The National Bank of Egypt (NBE), the Egyptian Arab Land Bank (EALB) and the Arab Banking Corporation (ABC) plan to…
AAIB’s Real Estate Assets Portfolio Hit EGP 8 Mln In September
The Arab African International Bank’s (AAIB) portfolio of real estate assets registered EGP 8 million at the end of…
IDBE Settled EGP 500 Mln Debts In 9 Months
The Industrial Development and Workers Bank of Egypt agreed to settle debts of 100 defaulting customers who owe the…
NBE Provides Tourism Company With EGP 120 Mln Credit Facilities
The National Bank of Egypt (NBE) approved to offer credit facilities worth EGP 120 million for a tourism company to…
EALB Settled EGP 280 Bad Debts In July, August
The Egyptian Arab Land Bank (EALB) settled non-performing loans worth EGP 280 million during July and August with a…
NBE Received EGP 262 Mln Non-Recoverable Loans In FY 2011/12
The National Bank of Egypt (NBE) succeeded in collecting about EGP one billion of the non-performing loans, of…
