Mohandes, Egypt’s NBE bank sign credit insurance cover deal for SME loans
Egypt’s Mohandes Insurance Company has signed Monday a credit insurance cover agreement with the country’s largest…
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NBE
Egypt’s NBE bank seeks Kfw, EIB loans of up to €800 mln
National Bank of Egypt (NBE), the country's largest state bank, is negotiating loans worth €800 million ($941.1…
Informal sector contributes 50-70% of Egypt’s GDP: NBE chief
The informal economy makes up between 50 percent and 70 percent of Egypt’s GDP, the head of one of the largest…
National Bank of Egypt attracts one million clients from CDs in one year
National Bank of Egypt (NBE), the country's largest state bank, says it has received around 360 billion Egyptian…
National Bank of Egypt deposits hike in August since pound float
National Bank of Egypt (NBE), the country's largest state bank, deposits rose in August to around 874 billion…
Egypt’s Suez Canal negotiating €300 mln loan from two state-run banks
Egypt’s Suez Canal Authority is negotiating a €300 million ($352 million) loan from two state-run banks to buy two…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
Top 10 leasing firms in Egypt in H1
Egypt’s Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in the…
NBE bank secures 12 bln pounds for Egypt’s SME projects
Egypt’s biggest lender, the state-owned National Bank of Egypt says it has pumped 12 billion Egyptian pounds ($675…
Raya IT to sign data centre capacity deal with 4 Egyptian banks this year
Egypt’s Raya Information Technology, a subsidiary of Raya Holding, is planning this year to enter into a…
