National Bank For Development 9-Month Retail Loans Up 14.6%
The National Bank for Development’s (NBD) retail loans witnessed an increase of EGP 299 million (14.6%),…
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National Bank for Development
National Bank For Development’s Islamic Finances Hit EGP 3.8 Bln In Q3
The National Bank for Development’s (NBD) Islamic finances (after deducting impairment losses) rose by EGP 724.4…
Returns On Savings Instruments Downed Due To Low Lending Rates
A number of bankers said that some banks have taken procedures to reduce interest rates on savings certificates as…
Arab Orient Takaful Insurance Posts EGP 4 Mln Profit In FY 2011/12
The Arab Orient Takaful Insurance Company achieved profit of EGP 4 million in FY 2011/2012, said Mohamed Moustafa…
Beltone Targets Current Assets Volume Raise to EGP 32 Bln
Beltone Financial (BTFH.CA) targets raising the total volume of its current assets to EGP 32 billion by the end of…
NBD Launches 1st Islamic Investment Bank In Egypt
The National Bank for Development (NBD) is set to launch Abu Dhabi Islamic Investment Company (ADI Capital) in…
NBD Mulls Providing Emaar Misr With EGP 200 Mln Finance
The National Bank for Development (NBD) considers providing sharia-compliant credit facilities amounting to EGP 200…
East Delta Electricity Co. To Hold GM For Islamic Syndicated Loan
The Board of Directors of the East Delta Electricity Production Company will meet next Monday to approve the…
Exclusive: Banks’ Contributions To East Delta Electricity Production Loan
The National Bank for Development (NBD) arranged the average-term syndicated loan amounting to EGP 620 million for…
Banque Misr Offers EGP 200 Mln To East Delta Electricity Company
Banque Misr approved to contribute EGP 200 million to the Islamic syndicated loan amounting to EGP 720 million (US$…
