Money Egypt’s Industrial Development bank performing loans rise 38% 2019-end mohamed Hamdy Jan 11, 2020 0 Egypt’s state-run Industrial Development bank (IDB) said on Saturday its performing and non-performing loans…
Money Banque Du Caire mulls SME loans of EGP5.5bln in 2020 mohamed Hamdy Jan 9, 2020 0 Banque Du Caire considers injecting loans worth 5.5 billion Egyptian pounds into small- and medium-sized…
Featured CBE new board of directors to convene for first time Sunday Amwal Al Ghad English Jan 5, 2020 0 The Central Bank of Egypt's (CBE) new board of directors is expected to hold its first meeting after its formation…
Money Egypt’s Islamic banking hits EGP312bln in September 2019 mohamed Hamdy Dec 10, 2019 0 The volume of Islamic banking in Egypt registered 312 billion Egyptian pounds by the end of March 2019, said head…
Money Egypt’s Banque Misr SME lending grows 17 times in 3 years Amwal Al Ghad English Dec 9, 2019 0 Banque Misr, Egypt’s second largest public bank, had increased its lending for small and medium-sized businesses by…
Money Egypt’s housing bank pumps EGP6.7bln into personal mortgage in 9 months mohamed Hamdy Dec 5, 2019 0 Egyptian state-owned Housing and Development Bank’s (HDB) has pumped personal mortgage loans of 6.7 billion…
Banks Sarwa Capital, Banque Misr close an EGP4bln Securitization Bond for NUCA Amwal Al Ghad English Nov 24, 2019 0 Sarwa Capital Holding for Financial Investments SAE (SRWA.CA), and Banque Misr announced concluded securitization…
Money Egyptian banks’ foreign deposits hit EGP42bn in March Ahmed Ali Nov 21, 2019 0 Total foreign-currency deposits at Egyptian banks rose by 6.8 percent to register $42.9 billion between July 2018…
Banks EALB manages finance portfolio of $929mln in Egypt, $500mln in Jordan Sanaa Allam Nov 18, 2019 0 State-run Egyptian Arab Land Bank (EALB) managed a finance portfolio of $500 in Jordan by the end of October 2019,…
Money National Bank of Egypt says financed 31,000 SME industrial projects Ahmed Ali Nov 14, 2019 0 National Bank of Egypt's (NBE), the country's largest state bank, small and medium-sized enterprises loans…