NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
The National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7…
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NBE
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…
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…
Allianz Inks Pact with Fawry and NBE to Facilitate Premium Payments
Allianz Insurance - Egypt has signed today a cooperation agreement with the electronic payment provider Fawry to…
