AAIB Attains EGP28 bln Total Loans, 1.4% NPL
The portfolio of non-performing loans of the Arab African International Bank (AAIB), captured 1.4% from the total…
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Banque Misr
EGPC Stresses its Negotiation with 4 Banks to Pay Foreign Firms Dues
Amr Mostafa, Vice Chairman of the Egyptian General Petroleum Corporation (EGPC), has asserted that the…
Four Egyptian Banks Competing to Arrange $1bln Loan for EGPC
The four banks which are operating in the banking sector including the National Bank of Egypt (NBE), Banque Misr,…
Banque Misr to Launch Murabaha Mortgage Product in Q1/2014
Banque Misr is planning to launch its new sharia-compliant product “Murabaha Mortgage” within the first quarter of…
S&P Raises Long Term Ratings on Egyptian Banks After Similar Action on Sovereign
Standard & Poor's Ratings Services has raised on Monday its long-term counterparty credit ratings on National…
5 Banks to Meet Today to Discuss AFGRE’s Cairo Festival City Loan
In a new recent development regarding Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – the 5 loan…
Banque Misr Says Egyptian Steel’s EGP1 bln Loan Deal Is Signed
Banque Misr, Bank Audi Egypt and Egyptian Arab Land Bank (EALB) have signed on Wednesday the definitive loan…
5 Banks Complete Final Terms to Fund Al-Futtaim’s Cairo Festival City Project
In a new development regarding UAE-based Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – 5 banks…
Four Banks Plan to Pump $150 mln for New Power Station in Alexandria
The National Bank of Egypt (NBE), Banque Misr, Banque Du Caire and Faisal Islamic Bank of Egypt are planning to…
NBE Eyes Arranging EGP10 bln Syndicated Loans in FY13/14
The National Bank of Egypt (NBE) is planning to arrange syndicated loans totaled EGP 10 billion within the current…