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…
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egyptian banks
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…
NBE To Sign Debt Settlement Contract With Imac For Paper Manufacturing This Week
The National Bank of Egypt (NBE) has prepared the final settlement agreements the bank will sign by the end of this…
NBE, Piraeus To Offer Bridge Loan Worth EGP 150 Mln To EDEPC
The National Bank of Egypt (NBE) signed last week a contract on providing a bridge loan worth EGP 150 million for…
Alex Bank Eyes 15% Growth In SMEs Portfolio By H2 2012
Alex Bank-Intesa Sanpaolo targets to increase SMEs loans portfolio by 15% in the second half of the current year,…
IDBE To Sign Finance Contract Worth EGP 25 Mln With SFD
The Industrial Development and Workers Bank of Egypt (IDBE) targets to sign finance contact worth EGP 25 million…
Piraeus Egypt Raises Capital By EGP 200 Mln Within Days
Piraeus Bank-Egypt intends to increase its capital in the next few days by EGP 200 million to reach EGP 1.438…