NBE, Banque Misr Invite Banks To Contribute To Power Plant Loan
The National Bank of Egypt (NBE) and Banque Misr have started inviting banks to contribute to the long-term…
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egyptian banks
IDBE’s Profit Hit EGP 31 Mln In July 2012
The Industrial Development and Workers Bank of Egypt achieved profit of EGP 3 million at the end of July, raising…
CBE Sells EGP 5.5 Bln T-Bills
The Central Bank of Egypt (CBE) said yields rose at an auction of treasury bills on Thursday, with the government…
High Return On T-Bills Improves Banks’ Profits in H1: Bankers
The financial statements of a number of banks showed a relevant increase in the first half of 2012, marking the…
Industrial Development Bank Promotes 500 Employees
The Industrial Development and Workers Bank of Egypt (IDBE) will promote 500 employees out of 1100, the total …
Ethylene Loan Arrangers Sign Loan Agreement Today
The five banks, which arranged the long-term US$ 1.250 billion loan for the Egyptian Company for Ethylene, will…
Faisal Bank Reports EGP 283 Mln Net Profit In H1
Faisal Islamic Bank of Egypt reported net profit of EGP 283.6 million at the end of June 2012, up from EGP 152.9…
NBE Awaits Bankruptcy Verdict Against Al Nasharty To Settle Debt
The National Bank of Egypt (NBE) awaits a bankruptcy verdict against the businessman Amr Al Nasharty, the owner of…
SFD Negotiates 5 International Financial Bodies Over US$350 Mln Loan
The Social Fund for Development (SFD) is currently conducting negotiations with five international financial bodies…
AWB’s Net Profit Hits EGP 161.4 Mln In H1
Al Watany Bank of Egypt (AWB) achieved net profit of EGP 161.4 million at the end of the first half of 2012, up…