Banks National Bank of Egypt earmarks $6.4 million to support faltering factories Yomna Yasser Dec 6, 2015 0 National Bank of Egypt (NBE), the country’s state-run biggest bank, has secured credit facilities of up to 50…
Banks NBE to add 10 new ITMs, open 40 branches by late FY2015-16 Noha Gad Dec 6, 2015 0 National Bank of Egypt (NBE) eyes adding new 10 interactive teller machines (ITM) within the upcoming period, Alaa…
Banks National Bank of Egypt to secure $15 million from Germany’s SANAD Fund Yomna Yasser Nov 29, 2015 0 National Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for MSMEs, of the German state-run…
Banks Egypt’s National Bank, SFD to sign $44.7mn finance for SMEs Yomna Yasser Nov 26, 2015 0 Egypt’s Social Fund for Development and the National Bank of Egypt (NBE) plan to sign a new finance worth 350…
Banks Egypt’s Global Lease inks $77mn loans with four banks Noha Gad Nov 22, 2015 0 Egyptian Global Lease Company signed loans estimated at 600 million Egyptian pounds (US$76.6 million) with four…
Banks NBE non-performing debts portfolio hits $792mn end-October Noha Gad Nov 19, 2015 0 National Bank of Egypt's (NBE) non-performing debts portfolio reached 6.2 billion Egyptian pounds (US$791.8…
Financial Institutions S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’ Yomna Yasser Nov 17, 2015 0 Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
Banks Egypt’s National Bank approves lending food maker Edita $12.7mn aya salah Nov 11, 2015 0 The National Bank of Egypt has approved to provide a credit facility worth 100 million Egyptian pounds (US$12.7…
Banks NBE arranges developer Misr Italia’s loan Yomna Yasser Nov 11, 2015 0 A banking consortium consisting of the National Bank of Egypt (NBE), Ahli United Bank, and Bank Audi-Egypt will…
Banks Banque Du Caire issues 3-year certificates with 12.5% interest rates Yomna Yasser Nov 10, 2015 0 Egypt's third largest state bank, Banque Du Caire, is issuing savings certificates in Egyptian pounds with an…