East Delta Electricity’s GM Approves EGP 1.6 Bln Loan Conditions
The East Delta Electricity Production Company’s general assembly approved to sign an agreement within the next days…
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egyptian banks
Stable Rules Keep Banks Safe: El Sakka
Mahmoud El Sakka, chairman of the Egyptian Credit & Risk Association (ECRA), called for maintaining the rules…
Alex Bank’s Micro-Enterprise Finance Hits 110 Mln In September
Alex Bank Intesa Sanpaolo’s micro-enterprise finance portfolio reached EGP 110 million at the end of last…
Egyptian Potash Delays Receiving EGP 688 Mln Loan
The Egyptian Company for Potash and Chemical Industries has delayed receiving the EGP 688 million Islamic…
United Bank Relocates, Barclays Shuts Down 3 Branches On Tahrir March
The United Bank decided to close its downtown branch based in Garden City in preparation for demonstrations to be…
NBE Rejects PBDAC’s Cooperation Protocol On ATMs
The National Bank of Egypt (NBE) has turned down a request submitted by the Principal Bank for Development and…
CBE Exempts Four Banks From Applying Basel II Standards
The Central Bank of Egypt (CBE) announced that four banks working in the country would be exempt from having to…
Bank Audi Egypt’s 9-Month Retail Loans Up EGP 334.4 Mln
Bank Audi Egypt’s retail loan portfolio rose by 334.4 million (21.4%) during the first nine months of 2012,…
Ahli United Bank Egypt’s Retail Loans Hit EGP 80 Mln
Ahli United Bank Egypt’s retail loan portfolio reached EGP 80 million in the first 10 months of 2012. Sources said…
Industrial Development Bank’s Real Estate Assets Reach EGP 50 Mln
The Industrial Development and Workers Bank of Egypt’s real estate assets reached about EGP 50 million. The…