EDBE’s Real Estate Assets Portfolio Hits EGP 1 Bln
The Export Development Bank of Egypt’s (EDBE) real estate assets portfolio, that was acquired by the bank after…
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egyptian banks
Exclusive: Banks’ Contributions To Suez Power Plant Loan
The banks, arranging the long-term syndicated loan for the East Delta Electricity Production Company (EDEPC), have…
Al Baraka Increases SME Finances By EGP500 Mln In FY 2012/13
Al Baraka Islamic Bank - Egypt will inject EGP 500 million into the SME finance portfolio, raising it to EGP 1.5…
Egypt Signs US$200 Mln Financing Agreement With World Bank
Egypt will sign a financing agreement amounting to US$ 200 million with the World Bank. Ashraf Al Araby, Minister…
SFD In Talks With CBE Over SME Database
The Social Fund for Development (SFD) negotiates with the Central Bank of Egypt (CBE) and the Egyptian Banking…
SFD To Sign US$300 Mln Finance Contract With WB, International UnionTomorrow
The Social Fund for Development (SFD) will sign Protocol of Cooperation with the World Bank and the International…
Banks Ready To Finance PPP Projects: Bankers
Bankers affirmed that the Egyptian banking sector has the ability to meet the financial requirements of the 11…
Al Baraka, SFD Sign EGP 200 Mln Musharaka Finance Contract
Al Baraka Islamic Bank- Egypt and the Social Fund for Development (SFD) signed a finance contract to offer new and…
NBE Receives 80% Of Settlement Contract Prepayment From Kouta
The National Bank of Egypt (NBE) received 80% of the prepayment conditioned for the debt settlement agreement…
Union National Bank Egypt Posted EGP 16.5 Mln Profit In H1
The Union National Bank - Egypt posted profit of EGP 16.5 million at the end of June 2012, up from EGP 15 million…