Egyptian Raya Holding’s unit gets $39.8mn loans in 8 months
Aman for Microfinance, owned by Egypt’s Raya Holding For Financial Investments, has obtained 650 million Egyptian…
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loans
Egypt banks hiked SMEs loans to $9 bln since 2016: El-Etreby
Banks in Egypt have extended more loans to small and medium-sized firms in the first half of the year, heeding the…
AlexBank first-half net profit grows 6.3%
Egypt’s AlexBank, part of Italian bank Intesa Sanpaolo, said on Thursday that its first-half net profits rose 6.3…
Egyptian Raya Holding’s unit in talks over $30.1 mln loans
Aman for Microfinance, owned by Egypt's Raya Holding For Financial Investments, seeks to borrow 500 million…
National Bank of Egypt eyes more loans, deposits, profitability by June 2020
National Bank of Egypt, the country’s largest bank by assets, says it targets 15-20 percent growth in loans,…
Egypt’s Orascom Development inks $227.2 mln loan restructuring deal
Egypt’s Orascom Development Holding said on Thursday it has signed a deal to schedule its loans worth 3.8 billion…
Banque du Caire profit after tax jumps 200% in 2018
Egyptian state-run lender Banque du Caire said on Thursday its after-tax profit in 2018 rose 200 percent to around…
Egypt’s OUD to secure $370mn loans for Ain Shokhna’s industrial project
Egypt's Oriental Urban Development (OUD), an affiliate to Oriental Weavers, announced plans to borrow loans of 6.5…
Sisi directs Egypt’s c.bank to reduce interest rate on youth loans
Egypt's President Abdel-Fattah El-Sisi wants the interest rate on loans to young people to be reduced to 5 percent,…
Moody’s assigns positive outlook for Egypt’s banks on strong economy
Moody's Investors Service has maintained its positive outlook on Egypt’s banking sector, buoyed by an improving…
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