C.bank says Egypt paid back $700 mln in debt to Paris Club
The Central Bank of Egypt (CBE) paid back around $700 million in debt to the Paris Club this week, the CBE…
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Export Development Bank has provided $1.5 to fund trade since Egypt pound float
Egypt’s Export Development Bank has provided around $1.5 billion in letters of credit to fund trade since the…
NBE secures 450 mln credit facilities to 2 firms in electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has pumped credit facilities of 450 million (25…
NBE secures 450 mln pounds in credit facilities for Egypt electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has recently pumped credit facilities of 450…
Egypt paid $30 bln in loans last year: c.bank
Sources in the Central Bank of Egypt (CBE) announced on Wednesday that Egypt paid $US30 billion to foreign bodies…
Egypt’s Banque Misr aims to open new office in South Korea and Kenya
Egypt’s oldest bank, Banque Misr is negotiating with the central banks of both South Korea and Kenya to open…
Al Baraka group launches Moroccan BTI Bank
Al Baraka Banking Group (ABG), the leading multinational Islamic Banking Group, the Moroccan Bank for Foreign…
National Bank of Egypt gets German KfW’s €50 mln SME loan
Egypt's biggest lender, the state-owned National Bank of Egypt has signed a €50 million ($60.3 million) loan…
Industrial Development Bank eyes 50% increase in customers’ deposits
Industrial Development and Workers Bank of Egypt (IDWBE) seeks to increase its customers' deposits by 50 percent…
EG-Bank pumps 150 mln pounds in Rooya Group and Egyptian Railways loans
Egyptian Gulf Bank-EG-Bank has approved pumping 150 million Egyptian Pounds ($8.4 million) in both Rooya Group and…