AlexBank Signs in Rome MoU to Support Egypt’s SMEs Sector
In light of the Italian-Egyptian business council meetings as part of President Abdel Fattah Al-Sisi's visit…
Browsing Tag
Banks news
AlexBank: Investments in T-bills Record EGP11.78bn at September-end
AlexBank, a group of Intesa Sanpaolo Group, reported more than 13% growth (or EGP 1.4 billion) in its 9-month total…
Egypt Pays back $2.5 Billion Deposit to Qatar: Central Bank Official
Egypt has paid back $2.5 billion that Qatar deposited with it to help prop up the Egyptian central bank's hard…
Egypt’s Central Bank Keeps Interest Rates Unchanged
In its meeting on Thursday and which marks the last held for 2014, the Central Bank of Egypt's Monetary Policy…
Banks to Arrange $1.5bn Loan for Egypt to Repay Foreign Energy Firms
HSBC, National Bank of Egypt, and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated loan to Egypt's…
Arab Bank Opens its 31st Branch in Egypt
Arab Bank has recently inaugurated a new branch, located in Egypt’s Sixth of October City, increasing total number…
Citibank Reiterates Presence in Egypt
During a visit to Egypt, Jim Cowles, Citi's CEO for the Europe, Middle East and Africa region, has reiterated the…
Egypt’s Biggest Lender Mulls $900mn Finances for Electricity, Transport Sector
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is in ongoing talks to pump US$900 million in…
United Bank Injects EGP200mn in Biggest Loan in Egypt’s Banking Sector
United Bank Egypt is investing EGP 200 million in a syndicated loan for the state-owned Egyptian General Petroleum…
AlexBank; Lead Arranger of Vodafone Egypt’s EGP4bn Syndicated Loan
In line with its commitment to support public services, AlexBank –a group of Intesa Sanpaolo Group) is contributing…