Banks Banks Close Before Time Ahead Of Announcing Mubarak’s Successor Administrator Jun 24, 2012 0 Banks, among other institutions in Egypt, are closing their doors in the final hours before the announcement of the…
Banks Banque Misr: Deposits Portfolio Posts EGP 161 Bln In May Administrator Jun 23, 2012 0 Banque Misr’s deposits portfolio rose by EGP 6 billion, or 3.9%, registering EGP 161 billion at the end of last…
Banks 4 Egyptian Banks Disbursed 517,000 Yellow Remittances Worth 1.941 Bln Administrator Jun 21, 2012 0 The National Bank of Egypt (NBE), Banque Misr, Alex Bank and Arab African International Bank (AAIB) disbursed…
Banks Banks Retreat From Financing US$ 300 Mln LG For ERC Administrator Jun 21, 2012 0 The Egyptian Refining Company (ERC) seems to face financial problems after banks has retreated from financing the…
Banks Banque Misr Plans Reducing NPLs To EGP 10.5 Bln By June’s End Administrator Jun 21, 2012 0 Banque Misr targets reducing its non-performing loans portfolio to EGP 10.5 billion by the end of FY 2011/2012 to…
Banks NBE Considers EGP 1.9 Mln Syndicated Loan For Roads & Land Transport Authority Administrator Jun 20, 2012 0 National Bank of Egypt (NBE) mulls arranging a syndicated loan for the General Authority for Roads, Bridges &…
Banks Banque Du Caire Regains Position Through A 3-Yr Ambitious Strategy: El Zahed Administrator Jun 20, 2012 0 Mounir El Zahed, chairman of Banque Du Caire, revealed the bank’s strategy for the next three years which targets…
Banks 4 Banks To Offer Alex Hospitals EGP 1.5 Bln Loan Administrator Jun 20, 2012 0 Four Egyptian banks will participate in an EGP 1.5 billion syndicated loan to finance the construction of the EGP…
Banks Fitch Lowers 3 Egyptian Banks’ Rating To ‘B+’; Outlook Negative Administrator Jun 19, 2012 0 Fitch Ratings has downgraded Egypt-based National Bank of Egypt (NBE), its wholly-owned subsidiary, National Bank…
Banks NBE Eyes a Capital of EGP 12 Bln Administrator Jun 13, 2012 0 In case of being approved by the Central Bank, National Bank of Egypt (NBE) will raise its capital to EGP 12…