Banks EALB Raises Investments In Govt. Debt Instruments To EGP 3.1 Bln End-June Administrator Jul 8, 2012 0 The Egyptian Arab Land Bank (EALB) said its investments in government debt instruments (treasury bills and bonds)…
Banks Suez Canal Bank Allocates EGP 500 Mln For Infrastructure Projects Administrator Jul 8, 2012 0 Suez Canal Bank has allocated EGP 500 million (US$ 83 million) to disburse as syndicated loans to finance…
Banks Non-Performing Loans Hit 7% By End of FY2011/12: NBE Yomna Yasser Jul 5, 2012 0 The National Bank of Egypt (NBE)’s non-performing loans have witnessed a decline by the end of the fiscal year of…
Banks EALB Settled EGP 800 Mln Bad Debts In FY 2012/13 Administrator Jul 4, 2012 0 The Egyptian Arab Land Bank (EALB) has settled bad debts worth EGP 800 million in FY 2011/2012. The bank settled…
Banks IDBE Settles EGP 425 Mln Bad Debts For 80 Customers Administrator Jul 1, 2012 0 Industrial Development and Workers Bank of Egypt has settled EGP 425 million worth of debts for 80 ailing customers…
Banks UAE’s Personal Loans Rose To Highest Level Since 2008 Financial Crisis Administrator Jun 26, 2012 0 Personal loans sanctioned by banks in the UAE inched up 0.8 per cent in April, reaching the Dh255.9 billion mark,…
Banks EALB Considers EGP 2.4 Bln Asset Management Solutions Administrator Jun 25, 2012 0 Egyptian Arab Land Bank (EALB) is currently studying two options to manage the physical assets obtained via…
Banks Banque Misr Plans Reducing NPLs To EGP 10.5 Bln By June’s End Administrator Jun 21, 2012 0 Banque Misr targets reducing its non-performing loans portfolio to EGP 10.5 billion by the end of FY 2011/2012 to…
Banks NBE’s Non-Performing Loans Portfolio Fell To EGP 7 Bln In May Administrator Jun 2, 2012 0 The National Bank of Egypt’s (NBE) non-performing loans (NPLs) portfolio registered EGP 7 billion at the end of…
Banks NBE Offers EGP 100 Mln To Indebted SMEs Administrator May 6, 2012 0 The National Bank of Egypt (NBE) studies offering credit facilities of EGP 100 million to help some indebted SMEs…