EALB manages finance portfolio of $929mln in Egypt, $500mln in Jordan
State-run Egyptian Arab Land Bank (EALB) managed a finance portfolio of $500 in Jordan by the end of October 2019,…
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EALB
EALB looks into selling Long Beach Resort in Sokhna or Hurghada
State-run Egyptian Arab Land Bank (EALB) comparing between offers submitted by investors to sell either Hurghada…
Egypt Arab Land Bank targets bigger mortgage finances this year
State-run Egyptian Arab Land Bank (EALB) seeks to increase its mortgage finance portfolio to 1.5 billion Egyptian…
EALB secures EGP300mln funds for Almostakbal City developers
The state-owned Egyptian Arab Land Bank (EALB) has secured an amount of 300 million Egyptian pounds ($17.4 million)…
State land bank to set up new HQ in Egypt’s new capital
The state-owned Egyptian Arab Land Bank (EALB) has signed an agreement on Tuesday to set up a new headquarters in…
Egypt’s central bank exempts EALB bank from 14% required reserve ratio
Egypt’s central bank has exempted the state-owned Egyptian Arab Land Bank (EALB) from a 14 percent required reserve…
Egypt’s EALB approves new loans for fertilisers, automotive, food firms
State-owned Egyptian Arab Land Bank (EALB) approved on Thursday 600 million Egyptian pounds ($33.6 million) in new…
Egyptian Arab Land Bank’s new board convenes
State-owned Egyptian Arab Land Bank’s (EALB) new board of directors has started to develop the bank's strategy for…
Egyptian Arab Land Bank seeks higher deposits this year
State-owned Egyptian Arab Land Bank (EALB) is seeking higher deposits by 10 percent for the current financial year,…
EALB bank, EFG Hermes Leasing ink JV deal to finance small businesses in Egypt
Egyptian Arab Land Bank (EALB) and EFG Hermes Leasing have concluded an agreement to jointly offer leasing…
EFG Hermes unit, EALB bank join forces to support Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of investment bank EFG Hermes, signed Wednesday a cooperation…
EALB bank eyes debt settlement deals of 750mn Egyptian pounds this year
The state-run Egyptian Arab Land Bank (EALB) plans to reach settlement deals with troubled clients for debts worth…
Egypt’s state land bank says to launch the country’s 1st property fund in Q1
The state-run Egyptian Arab Land Bank (EALB) is planning to launch the first property fund in the country within…
Three investment banks vying to run launch of Egypt 1st property fund
Three investment banks are competing to run the launch of Egypt’s first property fund in Egypt, said chairman of…
EALB, HDB, Coldwell Banker targets Launch of Real Estate Funds in Egypt
The Egyptian Arab Land Bank, Housing & Development Bank, and Coldwell Banker are seeking to launch real estate…
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…
SFD plans first Cooperation with ADIB to support SMEs in Egypt
Egypt’s Social Fund for Development (SFD) plans to sign its first agreement with Abu Dhabi Islamic Bank (ADIB) to…
Egyptian Arab Land Bank pumps EGP100 million in Ezz Steel Loan
Egyptian Arab Land Bank (EALB) will contribute 100 million Egyptian pounds (US$13.1 million) to Ezz Steel Company’s…
Wage Cap Applied to 8 Bankers at Egyptian Arab Land Bank
Only eight senior bankers at the Egyptian Arab Land Bank were affected by a cap on public sector pay, chairman…
Egyptian Arab Land Bank Sees Highest Debt Settlement Rate by June-end
The Egyptian Arab Land Bank is expected to set a record by end of the current fiscal year on the rate of debt…
EALB-Egypt Eyes EGP1.250bn Deposits, EGP2bn New Loans
Egyptian Arab Land Bank (EALB) is aiming to increase its deposits' volume to EGP16 billion, with nearly EGP1.250…
Egypt’s EALB in Talks with 5 Gulf Firms to Market its Property Assets
Egyptian Arab Land Bank (EALB) is currently negotiating with the major 5 UAE and Saudi Arabia firms in order to…
Central Bank of Egypt Has Granted EALB EGP7bn Loans in Last Years
Egyptian Arab Land Bank (EALB) Chairman Abdel Meguid Mohy El-Din said his bank obtained support loans worth EGP7…
EALB Contributes EGP200mn to the Biggest Loan in Egypt’s Banking Sector
The Egyptian Arab Land Bank will pump EGP 200 million (around US$28 million) in one of the biggest loans in the…
Egyptian Arab Land Bank Settles Debts worth EGP400mn in Q1
Chairman of Egyptian Arab Land Bank (EALB) Chairman Abdel Meguid Mohy El-Din said his bank succeeded to…
Misr Iran Bank’s Investments in T-Bills Fell to EGP1.4bn in September
Misr Iran Development Bank's investments fell to EGP200 million to register EGP1.4 billion in September in compared…
Egyptian Arab Land Bank: Al Masry Fund Records EGP77mn Net Profits
The Egyptian Arab Land Bank announced Thursday its mutual fund ‘Al Masry’ recorded a net profit of EGP 77 million…
EALB in Talks with Defaulter Clients to Settle EGP500 million Debts
Egyptian Arab Land Bank (EALB) is currently in talks with defaulter clients in order to settle EGP500 million…
Misr Iran Joins Central Bank’s Housing Initiative Next Month
Egypt’s Misr Iran Development Bank announced allocation of EGP 150 million to participate within next month in the…
Egyptian Arab Land Bank Braces for its First Real Estate Fund
Egyptian Arab Land Bank (EALB) will be launching a new company soon, aiming at the establishment and management of…
Marsa Abu Dhabi to Market EALB’s EGP2.7bn Assets in Gulf Next Sept
Marsa Abu Dhabi Properties LLC will be marketing within next September EGP 2.7 billion of assets owned by the…
Egyptian Arab Land Banks Eyes EGP750mn Debt Settlement in FY14/15
The Egyptian Arab Land Bank is planning to settle debts worth EGP 750 million with clients in default within the…
EALB Considers Launching Project for Low-Income with EGP400m
Egyptian Arab Land Bank (EALB) is considering launching Project for low-income on an area of 27 feddan in El…
EALB’s Overseas Branches Gain EGP25mn in H1, Gaza Office Operates Normally
The Egyptian Arab Land Bank's overseas branches in Jordan and Palestine reported H1 profits amounting to 25 million…
EALB Eyes Regulator Talks to Launch its First Real Estate Fund
Egyptian Arab Land Bank(EALB) is seeking to hold talks with the Egyptian General Supervisory Authority (EFSA) and…
Egyptian Arab Land Bank May not Divest Overseas Branches amid Q1 Profits
In its upcoming board meeting, the Egyptian Arab Land Bank will reconsider a decision to divest its overseas…
EALB’s Branches in Jordan, Palestine hit All-time Record Profits in Q1
The Egyptian Arab Land Bank's overseas branches in Jordan and Palestine reached all-time record scores during the…
13 Banks Ink Islamic Finance Deal for Egypt’s Noran Sugar Today
Today, 13 banks are due to sign an EGP1.5 billion definitive Islamic finance agreement to go for Noran Sugar…
EALB’s Total Settlements with Clients in Default worth EGP500mn
Egyptian Arab Land Bank (EALB) finalized conducting settlements with clients in default worth EGP500 million within…
FEB: 75% of Egypt Banks Effective in ‘Informal Areas’ Initiative
75% of total banks in Egypt decided to have their active role in upgrading informal areas and slums across the…