Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK
Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
Browsing Tag
Small and Medium sized projects
211,000 Egyptian youth benefit from EGP2.646 bln SME loans in H1 2018/19
About 2.646 billion Egyptian pounds have been allocated for small and medium-sized projects, according to…
EBRD signs $75 mln SME loan deal with Egypt’s oldest bank
Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank for…
Signing for 207mn euros-German funding expected during Sisi’s visit: Egypt’s…
International Cooperation Minister Sahar Nasr said President Abdel Fattah al-Sisi’s visit to Germany next week…
Afreximbank to sign $500mn credit lines for Egypt SMEs in two weeks
The African Export-Import Bank (Afreximbank) plans to sign $500 million credit line contracts with two state-owned…
Banque du Caire, CIS Egypt in talks on credit risk coverage
Cooperative Insurance Society Egypt (CIS Egypt) is negotiating to offer the country’s third largest state bank,…
200 engineering industries factories benefit from Egypt c.bank SME initiative
200 factories of engineering industries have benefited from the Central Bank of Egypt’s (CBE) initiative designated…
National Bank of Egypt, EIB sign €500 SME loan
The National Bank of Egypt, the biggest state lender in the country, has signed Sunday a €500 million ($544…
National Bank of Egypt to sign EIB’s SME financing deal before month-end
The European Investment Bank (EIB) will sign a €400 million loan deal with the National Bank of Egypt before the…
National Bank of Egypt braces for four-year plan to boost SME financing
National Bank of Egypt (NBE) plans to raise its finances for national small and medium-sized projects to around 70…
