Banque Misr Launches Durable Goods Finance Program
Banque Misr has launched a program for financing durable goods (furniture, electric devices, etc...) through…
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egyptian banks
NBE’s Dollar Liquidity Registers US$ 1.9 Bln
The National Bank of Egypt (NBE) offered finances of US$ EGP 2 billion to the government in the period that…
NBE Collected EGP 82 Bln Taxes Electronically In FY 2011/12
The National Bank of Egypt (NBE) succeeded in collecting about EGP 82 billion in taxes electronically in FY…
NBE Signed Finance Contract Worth EGP 100 Mln With SFD
The National Bank of Egypt (NBE) signed at the beginning of this week a new finance contract worth EGP 100 million…
Faisal Islamic Bank Contributes With EGP 100 Mln To EDEPC Loan
Faisal Islamic Bank approved to contribute with EGP 100 million to the syndicated loan worth EGP 1.6 billion…
PBDAC Offered EGP 11 Mln Micro-Finances By End Of June
The Principal Bank for Development and Agricultural Credit (PBDAC) plans to expand in offering micro-finances for…
NBE Injected EGP 70 Mln Islamic Finances To SMEs By End Of June 2012
The National Bank of Egypt (NBE) offered a number of sharia-compliant finances worth EGP 70 million to small and…
AUB’s Alpha Fund Is Open For Subscription By August
The Ahli United Bank (AUB) will open its Alpha investment fund, which invests in securities, for subscription by…
IDBE’s NPLs Down To EGP 1.6 Bln At End Of H1
The Industrial Development and Workers Bank of Egypt (IDBE) succeeded in reducing its non-performing loans by EGP…
HDB Unable To Meet Needs Of Low-Income People Solely: Chairman
Housing and Development Bank (HDB) will not be able alone to meet the needs of low-income people as it had directed…
