China January new yuan loans climb to record high in seasonal surge
Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan ($385.40 billion) of new loans…
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loans
ECB in talks with Italy over buying bundles of bad loans
The European Central Bank is in talks with the Italian government about buying bundles of bad loans as part of its…
Egypt’s National Bank funds SMEs with $2.4bn in 2015
Egypt’s state bank, National Bank of Egypt (NBE) announced Saturday that it has provided 19 billion Egyptian pounds…
Egypt’s Alexandria Business Association injects $12mn into micro loans in January
Egypt's Alexandria Business Association (ABA) has pumped 95 million Egyptian pounds (US$12 million) into around…
NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units
The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
Egypt eyes $15 billion finance package from China: Minister
Egypt is in negotiations with the Export and Import Bank of China (EXIM) to secure a US$15 billion financing…
Egypt to ask China for multi-billion pounds in electricity upgrade loans
Egypt is planning to ask for a Chinese loan worth between 7-8 billion Egyptian pounds to finance upgrades to its…
Egypt: New measures to reduce consumer loans and diversify banks’ client base
Egypt’s central bank (CBE) has unleashed new measures to limit retail and consumer loans and to encourage banks to…
Saudi Arabia pledges fresh loans to Egypt to develop Sinai, purchase oil
Egypt agreed with Saudi Arabia to borrow $1.5 billion to develop the Sinai Peninsula, $1.2 billion to finance oil…
Alexandria Business Association injects $140mn for micro enterprises in 2015
Alexandria Business Association (ABA) has pumped 1.1 billion Egyptian pounds (US$140.4 million) 345,000 loans for…
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