Arab African International Bank’s 9-Month Net Profit 16.2% Up
The Arab African International Bank’s (AAIB) net profit rose by US$ 15.4 million (16.2%) in the first nine months…
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egyptian banks
Unemployment Rate In Egypt Hits 13% In 2012: AfDB
The African Development Bank’s Resident Representative for Egypt affirmed that the unemployment rate in Egypt is…
Agricultural Credit Bank To Offer EGP 500 Mln Islamic Finances In FY 2012/13
The Principal Bank for Development and Agricultural Credit targets to inject Islamic finances worth EGP 500 million…
Egyptian Arab Land Bank Contributes EGP 100 Mln To MAF Loan
The Egyptian Arab Land Bank’s board of directors has given final approval last week to contribute EGP 100 million…
Ahli United Bank Offers Alexandria Portland Cement EGP 250 Mln Credit Facility
Ahli United Bank has provided Alexandria Portland Cement Company with revolving credit facility worth EGP 250…
Industrial Development Bank Secures US$20 Mln Loan To Finance SMEs
The Industrial Development and Workers Bank of Egypt received a loan worth US$ 20 million from the National Bank of…
Agricultural Credit Bank To Set Up Productive Villages
The Principal Bank for Development and Agricultural Credit is in talks with the Ministry of Agriculture to buy…
HSBC, NSGB, Piraeus Offer EGP 670 Mln To Beni Suef Cement
HSBC Bank Egypt, National Societe Generale Bank (NSGB) and Piraeus Bank Egypt have approved to offer credit…
NBE Renews Contracts For 154 Employees At Data Updating Unit
The chairman of the National Bank of Egypt (NBE) Tarek Amer agreed to renew employment contracts of 154 employees…
Alex Bank’s SME Finances Hit EGP 1.2 Bln In November
Alex Bank Intesa Sanpaolo’s portfolio of finances offered to small and medium enterprises (SMEs) surged by 17.2% to…