S&P raises Ratings for 3 Egyptian Banks – Paper
Global ratings agency Standard & Poor’s upgraded the long-term credit ratings on three major Egyptian banks;…
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Banque Misr
EXCLUSIVE: Banks offer Multi-billion pounds Loan to Fund Egypt Power Plant
A new banking consortium, involving two of Egypt’s biggest public banks, plans to secure a multi-billion Egyptian…
Banque Misr approves LE400m for SMEs
Banque Misr has approved an LE400m fund for 20 to 30 small- and medium-sized enterprise (SME) clients, according to…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…
Misr Iran Bank allocates 100-million Pounds to support Egypt Electricity
Misr Iran Development Bank (MIDB) intends to inject 100 million Egyptian pounds in a 1.5 billion pound (US$196.6…
Moody’s upgrades Deposit Ratings of Five Egyptian Banks
International credit ratings agency Moody's upgraded Friday the local currency (LC) deposit ratings of five…
MERIS: 5 Major Banks in Egypt seen Moody’s Upgrade Move
Moody's is likely to raise its credit rating on five major banks in Egypt following its upgrade on the country’s…
Two Major Banks mull Contribution to Egypt’s Tech Zone Company
The National Bank of Egypt (NBE) and Banque Misr consider injecting investments in a new company specialised in…
National Bank of Egypt leads Consortium for East Delta Electricity’s EGP750mn Loan
Three major banks in Egypt will be arranging a multi-million Egyptian pound syndicated loan in favour of the…
Banque Misr orchestrates New Banking Alliance for Egypt Electricity Sector
Banque Misr, Egypt’s second largest public sector bank, is leading a banking consortium to secure a US$500 million…