Banque Du Caire captures 49% share of Egypt microfinance market
Egypt's third biggest state-owned bank, Banque Du Caire seizes 49 percent of the country’s microfinance market, its…
Browsing Tag
Small and medium sized enterprises
National Bank of Egypt to secure $15 million from Germany’s SANAD Fund
National Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for MSMEs, of the German state-run…
Egypt’s National Bank, SFD to sign $44.7mn finance for SMEs
Egypt’s Social Fund for Development and the National Bank of Egypt (NBE) plan to sign a new finance worth 350…
Kuwait’s Ahli Bank plans capital top-up for Egyptian unit in 2016: CEO
Kuwait's Al Ahli Bank (ABK) plans to boost the capital of its Egyptian unit to around one billion Egyptian pounds…
EFG-Hermes stresses greater role for leasing in funding industrial sector
The executive chairman of EFG-Hermes Leasing, Wael Zeyada stresses the necessity of involving the leasing sector in…
Egypt’s National Bank says SME portfolio jumped 470% in 5 years
The National Bank of Egypt, the country’s largest commercial bank, recorded a 470 percent growth in its SMEs…
Moody’s: New funding for SME lending to diversify Egyptian banks’ revenues
The global rating agency Moody's stated Monday that the Egyptian banks have recently been receiving larger amounts…
AfDB in talks with NBE, CIB to fund trade, SMEs in Egypt
The African Development Bank (AfDB) is in talks with two major Egyptian banks to finance small businesses and trade…
SFD’s SMEs funds hit $383mn at August-end
The total funds of Social Fund for Development (SFD) for Small and Medium-sized Enterprises (SMEs) worth 3 billion…
Egypt must do more to bolster access to finance for SMEs: Euromoney panel
Limited access to finance and high collateral requirements from banks is a major hurdle stifling the growth of…
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