IDBE’s SMEs Portfolio Surged To EGP 280 Mln In June
The Industrial Development and Workers Bank of Egypt’s credit facilities portfolio offered to SMEs posted an…
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egyptian banks
Mobinil’s Loan Arrangers To Sign MoU Next Week
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB) and HSBC, arranging a loan for…
United Bank to Inject EGP 150 Mln In SMEs Portfolio This Year
The United Bank targets injecting EGP 150 million to SMEs portfolio to finance these enterprises in compliance with…
Banque Misr Considers a EGP 3 Bln Islamic Finance To Misr Financial Investments
Banque Misr studies providing long-term sharia-compliant finance worth EGP 3 billion to Misr Financial Investments…
NBE In Talks With SFD Over Franchise Finance Contract Worth EGP 60 Mln
The National Bank of Egypt (NBE) is negotiating with the Social Fund for Development (SFD) over signing the first…
S&P Places 3 Egyptian Banks On Watch Negative
Standard & Poor's Ratings Services placed its 'B' long-term and 'B' short-term issuer credit ratings on…
Banque Misr Launches Car Murabaha Next Week
Banque Misr has approved the final form of the car murabaha (Islamic finance) to be launched in the next week.…
EDBE Eyes EGP 170 Mln Net Profit In FY 2012/13
Export Development Bank of Egypt (EDBE) will approve its budget plan for the next fiscal year 2012/2013 in which…
CIB Contributes With US$ 60 Mln in ERC’s Letters of Guarantee
Commercial International Bank (CIB) approved to contribute in financing the issuing of letters of credit and…
Dollar-Bond Yield Falls Most Since Revolution
Benchmark dollar-bond yield declined the most since the early days of last year’s uprising. The yield on the 5.75…