Al Futtaim Asks HSBC, CIB To Arrange EGP 2 Bln Loan
Al Futtaim Group has asked HSBC Bank Egypt and Commercial International Bank (CIB) to take faster steps to arrange…
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Commercial International Bank
Fitch Downgrades CIB, NBE To ‘B’; Outlook Negative
Fitch Ratings has downgraded the Long-term foreign currency Issuer Default Ratings (IDR) of National Bank of Egypt…
Banks Raise Returns On Savings Certificates To Attract More Liquidity
A number of bankers expected banks in Egypt to raise returns on savings certificates in the current period after…
Exclusive: Banks’ Contributions To Port Said Steel Loan
The National Bank of Egypt (NBE), National Société Générale Bank (NSGB), Commercial International Bank (CIB)…
EGPC Grants Local Banks Extension Till Mid-Feb To Present Funding Offers
The Egyptian General Petroleum Corporation (EGPC) has not received any offers from the National Bank of Egypt…
Industrial Development Bank Negotiates With NBE, CIB Over Foreign Loans
The Industrial Development and Workers Bank of Egypt is currently conducting negotiations with the National Bank of…
Mobinil Loan Arrangers To Send Info Memo To Banks Next Month
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
NBE To Contribute EGP 300 Mln To National Port Said Steel Loan
The National Bank of Egypt (NBE) plans to contribute EGP 300 million to the EGP 1.1 billion loan it arranges with…
National Port Said Steel To Secure EGP 1.1 Bln Loan From 4 Banks
The National Port Said Steel Company (NPSS) is seeking a long-term finance worth EGP 1.1 billion from a consortium…
5 Banks To Sign KIMA Loan Agreement Next February
The National Bank of Egypt (NBE), Commercial International Bank (CIB), Banque Misr, Banque Du Caire and Arab…
