UNB-Egypt eyes boosting SMEs financing to 8% of its loans portfolio end-2016
Union National Bank-Egypt (UNB) aims to boost its financing directed to small- and medium-sized enterprises (SMEs)…
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Small and medium sized enterprises
Emirates NBD Egypt braces for greater SME financing scheme in September
Emirates NBD is bracing for a new strategy dedicated to expand its support for small and medium-sized enterprises…
IFC current portfolio with Egypt nears $1.5 bln, in talks for more
The International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is…
National Bank of Egypt strikes deal to support 10th of Ramadan SMEs
Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Thursday a cooperation protocol with the…
Egyptian Banking Institute’s mission to Hungary, India to explore SME expertise
The Egyptian Banking Institute (EBI) has organised during May two field visits to India and Hungary to get to know…
Alexbank named best bank for SMEs in MENA: Euromoney
AlexBank has been named “Middle East’s Best Bank for SMEs” by pre-eminent international finance magazine Euromoney.…
Egypt’s largest state bank to boost SME financing in FY2016/7 by 30%
The National Bank of Egypt (NBE), the country’s largest public lender, plans to extend its portfolio of financing…
Barclays rules out financing Egypt SMEs during current period
Director of Business Banking at Barclays Bank Egypt Sherif El-Behery ruled out the possibility that the bank will…
IDB, EBRD mull SME fund launch for Egypt, 3 Arab states
The Islamic Development Bank (IDB) is studying establishing a mutual fund for the small and medium-sized…
2.5 million SMEs in Egypt providing 75% of jobs: official
The number of small- and medium-sized enterprises (SMEs) in Egypt is approximately 2.5 million projects,…
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