S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
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Banque Misr
Banque Misr funds promotional programme for Egypt’s tourism
Banque Misr (BM) -Egypt's second largest public sector bank- adopted the initiative of the Egyptian Central Bank…
Egypt Seen Supporting Pound To Alleviate Devaluation Pressures
Egypt's central bank is trying to support the Egyptian pound by indirectly raising interest rates and injecting…
Banque Du Caire issues 3-year certificates with 12.5% interest rates
Egypt's third largest state bank, Banque Du Caire, is issuing savings certificates in Egyptian pounds with an…
Blom Bank Egypt says may launch products to support national currency
Blom Bank Egypt is studying the launch of new savings certificates for Egyptian pounds with a high interest rate to…
Egypt state banks launch products to support national currency
Egypt's two largest state-run banks have launched savings certificates for Egyptian pounds with an interest rate of…
Banque Misr, Egypt’s National Bank provide $800mn to cover imports
Egypt's top two state banks have provided clients with over $800 million during the past three working days to…
Banque Misr to complete $250-300mn loan in December – chairman
Banque Misr is expecting to complete procedures to obtain a $250-300 million loan of three years duration in…
Six banks to arrange $311mn loan for Egypt’s Food Industries Holding
Egypt’s third biggest state-run bank, Banque Du Caire takes part in arranging a multi-billion pound loan for the…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…