Bank Audi-Egypt, EIB, EBRD start dollar liquidity talks
Bank Audi SAE, the eighth largest commercial bank in Egypt, is in ongoing talks with some European banks to secure…
Browsing Tag
Letters of Credit
AAIB acquires Canada Scotiabank’s Credit Portfolio in Egypt
The Arab African International Bank (AAIB), an international bank based in Egypt, has recently completed its…
Ahli United Bank Grants EGP15bn Letters of Credit in 10 Months
In 10 months, Ahli United Bank (AUB) granted an EGP14-15 billion worth of letters of credit to support Egypt’s…
Alhi United Bank Eyes to Open EGP10bln Letters of Credit for 2 Sectors
Alhi United Bank (AUB) is aiming to open letters of Credit worth EGP10 billion in petroleum and food sectors…
Ahli United Bank Opens EGP1.5bn Letters of Credit for Petroleum Sector
Ahli United Bank (AUB) has opened letters of credit worth EGP1.5 billion within the first 8 months of the current…
Ahli United Bank Opens EGP100 Letters of Credit for Food Companies
Ahli United Bank - Egypt approved to open letters of credit worth EGP 100 million in favour of local food firms…
Ahli United Bank Opens US$120mn Letters of Credit for Petroleum Products
Ahli United Bank approved opening EGP120million letters of credit in favor of Petroleum Company so as to export the…
Banque Du Caire Grants EGP512.6 million Letters of Credit by April-end
Banque Du Cairo's grants for the country's sectors in forms of letters of credit (L/Cs) hit EGP 512 million by the…
NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
The National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7…
EBRD Lends $50mn to National Bank of Egypt to Support Int’l Trade
The European Bank for Reconstruction and Development (EBRD) signed on Wednesday two agreements to provide a US$50…
