ABA, Fawry, NBE and Egypt Post Mull Paying Clients’ Loan Premiums
Motaz El Tabaa , the Executive Director of the Alexandria Business Association(ABA) said the Association plans…
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National Bank of Egypt
3 Banks to Arrange US$150m Finance for Abu Qir Fertilizers and Chemicals Co
The alliance between the National Bank of Egypt (NBE) the Commercial International Bank (CIB) and QNB Al Ahli…
EBRD Lends $50mn to National Bank of Egypt to Support Int’l Trade
The European Bank for Reconstruction and Development (EBRD) signed on Wednesday two agreements to provide a US$50…
Federation of Egyptian Banks Plans EGP200 mln Contribution to Informal Areas
Federation of Egyptian Banks(FEB) plans to allocate EGP 200 million from the Banking System’s profits by the end of…
Profits Rise 8% at Egypt’s Largest Bank
Egypt's largest bank saw an eight percent rise in its net income in the fiscal year 2012/13 compared to the year…
Misr Iran Targets Mobile Money Transfer Service Launch within H2/14
Misr Iran Development Bank (MIDB) revealed on Tuesday plans to apply the Mobile Money Transfer (MMT) service within…
Italy offers New credit line worth €45mn to Egyptian SMEs
Italy is granting a credit line worth € 45 million to Egyptian and Italian small and medium-sized enterprises…
In 7 Months, NBE Granted EGPC LCs Totaled $693 mln
The National Bank of Egypt (NBE) granted over the last 7 months the state-owned Egyptian General Petroleum…
Fitch Revises Two Egyptian Banks’ Outlooks to Stable; Affirms at ‘B-‘
Fitch Ratings has affirmed National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of…
Misr Iran Says Profits 54% up in 2013, Eyes 20% Growth in 2014
Misr Iran Development Bank (MIDB) revealed on Thursday a rise in net profits by 54% to EGP 333 million at the end…
