McDonagh Announces HSBC Egypt’s Strategy In A Roundtable
Francesca McDonagh, HSBC's Regional Head of Retail Banking and Wealth Management for the Middle East and North…
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egyptian banks
NBE To Sign SME Finance Contract Worth EGP 150 Mln With SFD
The National Bank of Egypt (NBE) plans to sign a new contract with the Social Fund for Development (SFD) by the…
Banque Misr Provides Egyptian Drilling Company With EGP 100 Mln
Banque Misr approved to provide mid-term dollar finance for the Egyptian Drilling Company to finance the purchasing…
Bank Audi Egypt Mulls Offering US$ 15 Mln For EgyptAir
Bank Audi Egypt considers contributing between US$10 million and US$ 15 million to the US$ 58 million syndicated…
Industrial Development Bank Provides Waste Recycling Factory With EGP 55 Mln
The Industrial Development and Workers Bank of Egypt approved yesterday to provide a finance of about EGP 55…
NBE Freezes Negotiations Over Settling Taysir El-Hawari’s Debts
The negotiations between the National Bank of Egypt (NBE) and the loan-defaulting businessman Taysir El-Hawari, who…
Agricultural Credit Bank Plans Launching Sukuk In 2012
The Principal Bank for Development and Agricultural Credit targets to launch new sukuk instrument before the end of…
NBE May Incur EGP 400 Mln Loss On Loan To National Gas
The National Bank of Egypt (NBE) may incur a loss of EGP 400 million, which is the value of loans offered to the…
United Bank Signs First Two Islamic Finance Contracts
The United Bank of Egypt signed the first two sharia-compliant syndicated loan contracts, said Mohamed Ashmawy, the…
Agricultural Credit Bank’s Islamic Units Achieved EGP 5.4 Mln Budget Surplus
The Principal Bank for Development and Agricultural Credit’s Islamic units achieved budget surplus of EGP 5.455…