EALB: NPL Portfolio in Tourism Sector Hits EGP4 bln
The non-performing loan portfolio in the tourism sector accounts for EGP 4 billion, the Egyptian Arab Land Bank…
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non-performing loans
AAIB Attains EGP28 bln Total Loans, 1.4% NPL
The portfolio of non-performing loans of the Arab African International Bank (AAIB), captured 1.4% from the total…
Hermes Reiterates Credit Agricole Egypt Buy Rating After Strong Q3 Results
EFG-Hermes reiterated, in a recent study, Credit Agricole Egypt (CIEB.CA) Buy rating, as we continue to view…
Banque Du Caire Set Aside Precautionary Allocations With EGP 947 mln June-End
The Precautionary allocations set aside by Banque Du Caire at the end of June up EGP 947 million. An official…
Italy Banks Bad Loans Underline Southern Europe Malaise
Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting a growing…
NBE Receives EGP 170 Mln Of Imac Paper Manufacturing’s Debt
The National Bank of Egypt (NBE) received EGP 170 million in cash under the debt-settlement deal signed with Imac…
NBE, EALB, ABC May Settle EGP 115 Mln Debt For Dokki Hospital
The National Bank of Egypt (NBE), the Egyptian Arab Land Bank (EALB) and the Arab Banking Corporation (ABC) plan to…
AAIB’s Real Estate Assets Portfolio Hit EGP 8 Mln In September
The Arab African International Bank’s (AAIB) portfolio of real estate assets registered EGP 8 million at the end of…
IDBE Settled EGP 500 Mln Debts In 9 Months
The Industrial Development and Workers Bank of Egypt agreed to settle debts of 100 defaulting customers who owe the…
HDB’s SME Finance Portfolio Up To EGP 200 Mln
The Housing and Development Bank’s (HDB) portfolio of SME finance stood at EGP 200 million at the end of last…
