Investing In Petroleum Sector Represents Good Investment Opportunity: Safwa Atta
Safwat Atta, board member at Qarun Petroleum Company (QPC), called on public banks to establish a joint venture…
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egyptian banks
Financing Petroleum Sector Through Issuing Bonds Is A Must: Banque Misr’s Younes
Issuing bonds for the Egyptian General Petroleum Corporation (EGPC) will highly contribute to providing liquidity…
NBE Offers To Finance EGPC Through Issuing Bonds
The National Bank of Egypt (NBE) has submitted an offer to the Egyptian General Petroleum Corporation (EGPC)…
NBE to Arrange EGP 15 Bln Syndicated Loans For 6 Projects
The National Bank of Egypt (NBE) studies arranging a number of syndicated loans worth EGP 15 billion for 5 to 6…
EALB: Loans, Credit Facilities Portfolio Registered EGP 14.7 Bln In FY 2011/12
The Egyptian Arab Land Bank (EALB) said the loans and credit facilities portfolio registered EGP 14.7 billion at…
AAIB: NPLs Stood At 1.5% At H1 2012
The Arab African International Bank (AAIB) said the non-performing loans portfolio accounted for 1.5% of the total…
Al Baraka Islamic Bank To Sign Islamic Finance Contract Worth EGP 200 Mln With SFD
Al Baraka Islamic Bank plans to sign a sharia-compliant finance contract worth EGP 200 million with the Social Fund…
NBE, Banque Misr To Acquire Ruling Share In Two Factories
The National Bank of Egypt (NBE) and Banque Misr will acquire a ruling share in two factories for food industries…
NBE To Settle EGP 500 Mln Bad Debt Owed By Abdel Wahab Kouta
The National Bank of Egypt (NBE) has given an initial approval over the settlement plan proposed by the ailing…
Banque Misr To Approve Estimated Budget For FY 2012/13 Next Sunday
Banque Misr is set to hold its Ordinary General Assembly next Sunday to approve the estimated budget of FY…