Blom Bank Egypt says may launch products to support national currency
Blom Bank Egypt is studying the launch of new savings certificates for Egyptian pounds with a high interest rate to…
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National Bank of Egypt
Banque Misr, Egypt’s National Bank provide $800mn to cover imports
Egypt's top two state banks have provided clients with over $800 million during the past three working days to…
Fitch affirms three Egyptian banks; “stable” outlooks
Fitch Ratings has affirmed in a statement on October 21st, 2015, the Long-Term Issuer Default Ratings (IDRs) of…
Egypt pound vs global currencies early Wednesday
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
Three banks planning multi-billion pound loan to build power plants in Cairo
A consortium of three Egyptian banks is set to arrange a multi-billion Egyptian pound syndicated loan to build two…
Egyptian pound vs global currencies early Tuesday
The table below shows the exchange rates of a number of key Arab and foreign currencies against the Egyptian pound…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Egypt’s National Bank says SME portfolio jumped 470% in 5 years
The National Bank of Egypt, the country’s largest commercial bank, recorded a 470 percent growth in its SMEs…
EBRD launches programme to empower Egyptian businesswoman
The European Bank for Reconstruction and Development (EBRD) has launched Monday a programme looking to empower…
Egypt’s National Bank says deposits skyrocket to half trillion pounds
National Bank of Egypt's (NBE) deposits portfolio jumped to around a half a trillion Egyptian pounds (US$63.8…
