Banque Du Caire Granted Letters of Credit worth $2bn in 2013
Banque Du Cairo issued around 11.000 letters of credit totaled US $ 2 billion during 2013 for a number of the…
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Letters of Credit
In 7 Months, NBE Granted EGPC LCs Totaled $693 mln
The National Bank of Egypt (NBE) granted over the last 7 months the state-owned Egyptian General Petroleum…
Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013
During 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ 2 billion in favor of the…
AUB Opens $1 bln Letters of Credit for Petroleum Sector
The total letters of credit, which the Ahli United Bank (AUB) opened for petroleum sector reached about $1 billion…
IDBE’s Total SME Finance Portfolio Hit EGP520 by Oct-end
The Industrial Development and Workers Bank of Egypt (IDWB) said on Monday its SME direct and indirect finance…
Banque Du Caire Says Letters of Credit Surged by $413 mln Sept-End
Letters of Credit numbers which issued by Banque Du Caire have reached around 280 worth $413 million at the end…
National Bank Of Egypt Provides US$ 65MLN To Import Fuel
A representative from the National Bank of Egypt stated on Monday that the bank had agreed to provide $65m (EGP…
Ahli United Bank Issued LCs And LGs Worth EGP 4.3 Bln During Jan-Feb
Ahli United Bank issued letters of credit and guarantee worth EGP 4.357 billion in January and February. Sources…
US Dollar Hikes EGP 0.4 In Week, Differing Views On CBE’s Intervention
A number of exchange market experts asserted that the U.S. dollar has recorded an increase in a week ranging…
