S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
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National Bank of Egypt
Egypt’s National Bank approves lending food maker Edita $12.7mn
The National Bank of Egypt has approved to provide a credit facility worth 100 million Egyptian pounds (US$12.7…
NBE arranges developer Misr Italia’s loan
A banking consortium consisting of the National Bank of Egypt (NBE), Ahli United Bank, and Bank Audi-Egypt will…
Banque Du Caire issues 3-year certificates with 12.5% interest rates
Egypt's third largest state bank, Banque Du Caire, is issuing savings certificates in Egyptian pounds with an…
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…
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…
