Exclusive: Banks’ Contributions To East Delta Electricity Production Loan
The National Bank for Development (NBD) arranged the average-term syndicated loan amounting to EGP 620 million for…
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egyptian banks
NBE’s Islamic Deposits Hit EGP 700 Mln In August 2012
The National Bank of Egypt’s (NBE) portfolio of Islamic deposits registered EGP 700 million at the end of last…
Banks offered EGP 506.7 Bln Credit Facilities By June 2012
The value of credit facilities offered by the Egyptian banking sector rose by EGP 4.462 billion (0.8%), registering…
Agricultural Credit Bank To Launch 4 New Islamic Windows In September
The Principal Bank for Agricultural Credit and Development targets to increase the number of Islamic banking…
NBE Disbursed EGP 425.5 Mln Worth Of Yellow Remittances
The National Bank of Egypt (NBE) disbursed EGP 425.500 million worth of 118,700 yellow remittances in the fifth…
Financial Position Of Banks Up To EGP 96.5 Bln: CBE
The financial position of banks in Egypt, other than the Central Bank of Egypt (CBE), rose by EGP 96.5 billion…
Banque Misr Offers EGP 200 Mln To East Delta Electricity Company
Banque Misr approved to contribute EGP 200 million to the Islamic syndicated loan amounting to EGP 720 million (US$…
11 Banks Show Willingness To Finance Steel Company
About eleven banks have given initial approvals to contribute up to 150% to the Islamic syndicated loan amounting…
Global Islamic Banking Transactions Reach US$1.2 Trillion
Mohamed El-Beltagy, head of the Egyptian Islamic Finance Association, said Islamic banking has flourished and…
NBE Nears Deal With Arco Steel Over Settling EGP1.6 Bln Debt
The National Bank of Egypt (NBE) is close to a debt settlement deal with the Arab Company for Special Steel (Arco…
