Banks AlexBank Writes off NPLs worth EGP116 million in Q1 Yomna Yasser Jul 16, 2014 0 Bank of Alexandria has written off non-performing loans (NPLs) worth around EGP 116.7 million during the first…
Banks NBE’s NPLs Portfolio Fell to EGP5.5bln in FY14/15 Salma Ayman Jul 6, 2014 0 National Bank of Egypt is aiming to reduce its non-performing loan (NPL) portfolio to close at EGP5.5 billion by…
Banks IDWBE Cuts NPL Portfolio to EGP1.635 billion at 2013-end Yomna Yasser Jan 16, 2014 0 The Industrial Development &Workers Bank of Egypt (IDWBE) had made settlements with defaulters amounting to EGP…
Banks EALB Settles Debt Of Tourism Customer For EGP 122 Mln Administrator May 29, 2013 0 The Egyptian Arab Land Bank (EALB) signed an agreement to settle the debt of a customer in the tourism sector in…
Banks NBE Gives Tourism Customers Reprieve To Repay Loans Next Year Administrator May 26, 2013 0 The National Bank of Egypt (NBE) has given a reprieve to customers in the tourism sector to repay the EGP 500…
Banks NBE Postpones Repayment Of EGP 400 Mln Bad Debt Until Early 2014 Administrator Apr 22, 2013 0 The National Bank of Egypt (NBE) delayed repayment of EGP 400 million worth of debts owed by customers in the…
Banks NBE To Sign Debt Settlement Agreement With Food Industries Company Administrator Feb 6, 2013 0 The National Bank of Egypt (NBE) has approved signing debt settlement agreement with a food industries company…
Banks NBE Receives EGP 250 Mln From Loan Defaulters In Six Months Administrator Jan 20, 2013 0 The National Bank of Egypt (NBE) has received EGP 250 million in cash after signing debt settlement agreements with…
Banks NBE, EALB, ABC May Settle EGP 115 Mln Debt For Dokki Hospital Administrator Nov 24, 2012 0 The National Bank of Egypt (NBE), the Egyptian Arab Land Bank (EALB) and the Arab Banking Corporation (ABC) plan to…
Banks EALB Launches Two-Year Certificate For Companies Administrator Nov 4, 2012 0 The Egyptian Arab Land Bank (EALB) has launched a new investment instrument which is a two-year certificate for…