FABMISR launches its newest branch in SCZone
First Abu Dhabi Bank – Egypt (FABMISR) unveiled on Sunday the opening of its newest branch in Ain El Sokhna,…
Browsing Tag
Mohamed Abbas Fayed
Bank Audi Egypt’s Ezdehar Fund wins two awards
Bank Audi’s Ezdehar Fund, with cumulative and floating returns in Egyptian pound, has been awarded the “Best…
Bank Audi Egypt raises $1.2 billion since pound float decision
Bank Audi SAE, Egypt’s eighth largest commercial bank and the Egyptian arm of Lebanon’s Bank Audi, has collected…
Bank Audi raises 3 bln Egyptian pounds from high-yield deposit certificates
Egypt’s eighth largest commercial bank, Bank Audi S.A.E., has raised more than 3 billion Egyptian pounds ($165.5…
Bank Audi Egypt: 9-month net profit hits 619.3 million pounds
Egypt’s eighth largest commercial bank, Bank Audi S.A.E., has registered nine-month net profit of 619.3 million…
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…
Bank Audi seeks Egypt SMEs financing sixfold higher in 4 years
Egypt’s eighth largest commercial bank, Bank Audi S.A.E. seeks to raise its finances for small and medium-sized…
Bank Audi plans $1bn investments in Egypt
Bank Audi Egypt is planning to invest 8 billion Egyptian pounds ($1 billion) in different sectors during 2016, the…
13 Banks Ink Islamic Finance Deal for Egypt’s Noran Sugar Today
Today, 13 banks are due to sign an EGP1.5 billion definitive Islamic finance agreement to go for Noran Sugar…
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran…
Banque Misr Eyes SMEs Financing Portfolio Totals EGP1.5 bln by FY14-end
Banque Misr’s strategy for the current fiscal year 2013/2014 targets expanding in financing small and medium…
Banque Misr Says May Pump EGP4 billion in Joint Finance Deals
Banque Misr intends within 2014 to pump 4 billion Egyptian pounds in a number of joint funding processes,…
Banque Misr Says Egyptian Steel’s EGP1 bln Loan Deal Is Signed
Banque Misr, Bank Audi Egypt and Egyptian Arab Land Bank (EALB) have signed on Wednesday the definitive loan…
Banque Misr Affirms Expansion Plans in Turkey Despite Political Discord
Despite some recent political deteriorations in Egypt-Turkey relations, Banque Misr is still determined towards its…
Banque Misr: EGP 4 bln Tourism Funds Portfolio, 50% Faltering
Mohamed Abbas Fayed, Vice President of the Board of Directors of Banque Misr, has revealed that the portfolio of…
SECON, NBE, Banque Misr Sign EGP93 Mln Bridge Loan Agreement to Build Nile Hilton Cairo
The Saudi Egyptian Construction Company “SECON” signed EGP 93 million bridge loan agreement with the National Bank…
Banque Misr Set To Launch New Retail Banking Products In UAE
Banque Misr plans to launch new retail banking products in its branches in United Arab Emirates in the next two…
Banque Misr To Raise Retail Finances To EGP 5 Bln In 2013
Banque Misr plans to raise retail finances by EGP 2 billion to reach EGP 5 billion by the end of 2013, up from EGP…
Banque Misr Launched 8 New Branches In 2012
Banque Misr has inaugurated eight new branches last year to increase the number of its branches to 490 at the end…
Banque Misr Acquires 15.9% Deposit Market Share In Egypt
Banque Misr raised the value of deposit portfolio from EGP 154.5 billion to EGP 162.5 billion, registering an…
Banque Misr’s Net Loans Surged EGP 6.9 Bln At End-2012
Banque Misr’s net loans rose EGP 6.9 billion (15.2%) by the end of December, 2012. The bank expanded in offering…
Banque Misr Offers EGP 500 Mln To El Nobaria, Delta Sugar Companies
Banque Misr has approved to offer El Nobaria For Sugar Refining and Delta Sugar Co. EGP 500 million, coinciding…
Banque Misr’s Net Profit Hit EGP 709 Mln In FY 2011/12
Banque Misr’s general assembly approved in its meeting last Sunday the financial statements for the fiscal year…
Egyptian Banks Consider Closing Branches Tomorrow On Port Said Violence
Banks’ board of directors in Egypt will hold meetings to discuss the possible methods of guarding their branches…
Banque Misr UAE Capital Doubled To AED 360 Mln
Banque Misr has doubled the capital of its unit in United Arab Emirates from AED 180 million to AED 360 million at…