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…
Browsing Tag
Small and medium sized enterprises
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…
CDB, Egypt’s NBE to sign $100mn loan deal at Sisi’s China visit
The National Bank of Egypt (NBE), the largest state-run bank in the country, and China Development Bank (CDB)…
IMF: 20% of Egyptian SMEs prefer Sharia-compliant Products
In Egypt, 20% of small- and medium-sized enterprises (SMEs) have indicated a preference for Sharia-compliant…
Egypt’s Industrial Development Bank, SFD to ink New Financing Pact This February
The Industrial Development & Workers Bank of Egypt (IDWBE) will be signing next February a new financing…
Banque Misr plans First Islamic Financing to Support SMEs
Banque Misr is planning to carry out the first Islamic financing for the small and medium-sized enterprises, worth…
