National Bank of Egypt may delay tourism clients’ installments to 2018-end
Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) may delay collecting debts for clients operating…
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loans
Banque Misr negotiating $500 million loans from Credit Suisse, ADIB
Egypt’s second biggest bank, state-owned Banque Misr is negotiating $500 million agreements with Credit Suisse…
Dollar loses steam ahead of holidays, US indicators
The dollar slipped from its 14-year-high against a basket of currencies on Thursday as investors took profits ahead…
Egypt’s United Bank: bad loans edge higher on currency float move
The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…
Bank Audi targets more than 20% growth in Egypt within 2017
Egypt’s eighth largest commercial bank, Bank Audi S.A.E., is targeting growth rates of more than 20 percent within…
Banque Misr finances 419,000 clients working in micro-enterprises, SMEs
Banque Misr granted a number of loans worth 3.8 billion Egyptian pounds for 419,000 clients who are working in…
Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans
Egyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank totalling…
Barclays H1 profit climbs 32% in Egypt
Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the year, the Egyptian arm…
Housing Development Bank loans portfolio hits $979mn in June
The net volume of loans portfolio at Housing and Development Bank (HDB) recorded 8.7 billion Egyptian pounds…
Egypt’s portfolio of loans and grants hit $22.5 billion: minister
Egypt was given $22.5 billion worth of loans and grants over the past period, said Minister of International…
