NBE Provides Tourism Company With EGP 120 Mln Credit Facilities
The National Bank of Egypt (NBE) approved to offer credit facilities worth EGP 120 million for a tourism company to…
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egyptian banks
NBE’s NPLs Fell To EGP 6.2 Bln In Q1
The National Bank of Egypt’s (NBE) portfolio of non-performing loans stood at EGP 6.2 billion at the end of Q1 of…
Banks’ Investments In Securities Up To EGP 557.3 Bln In July
The portfolio of securities held by the Egyptian banking sector witnessed an increase of EGP 1.9 billion, as it…
Banks’ Investment In T-Bills Fell EGP 2.9 Bln In July
The value of outstanding balances of treasury bills witnessed a monthly decline of EGP 2.9 billion (0.7%),…
Egyptian Banks’ Credit Facilities Down To 505.1 Bln In July
The total volume of credit facilities offered by the Egyptian banking sector declined by EGP 1.5 billion (0.3%),…
Egyptian Banks’ Deposits Rose EGP 2.8 Bln In July 2012
The volume of deposits held by the Egyptian banking sector, other than the Central Bank of Egypt (CBE), witnessed…
Banque Du Caire Mulls Contributing US$70 Mln To Loan For Hydrocarbon Corp.
Banque Du Caire considers contributing US$ 70 million to a long-term loan arranged by Banque Misr, Commercial…
Ethylene Loan Arrangers Signed Final Loan Agreement
A consortium composed of the National Bank of Egypt (NBE), Banque Misr, Banque Du Caire, Commercial International…
Suez Canal Bank To Launch Sukuk Soon
The Suez Canal Bank targets to launch a number of sharia-compliant products such as sukuk (Islamic bonds) during…
NBE Asks Banks To Contribute US$200 Mln To Loan For Ethylene
The National Bank of Egypt (NBE) plans to ask other banks to contribute US$ 200 million to the loan which will be…
