Suez Canal Bank targets 400 mln pounds in SME financing at year-end
Egypt’s Suez Canal Bank is seeking to increase funding for the country’s small and medium-sized businesses to reach…
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SMEs
EALB bank, EFG Hermes Leasing ink JV deal to finance small businesses in Egypt
Egyptian Arab Land Bank (EALB) and EFG Hermes Leasing have concluded an agreement to jointly offer leasing…
EFG Hermes unit, EALB bank join forces to support Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of investment bank EFG Hermes, signed Wednesday a cooperation…
AfDB, Egypt in talks for $3bn cooperation scheme
Egypt’s Ministry of Investment and International Cooperation recently met with the African Development Bank (AFDB)…
NBE bank secures 12 bln pounds for Egypt’s SME projects
Egypt’s biggest lender, the state-owned National Bank of Egypt says it has pumped 12 billion Egyptian pounds ($675…
Banque Misr to lend two local firms 130 mln Egyptian pounds
Egypt’s second largest bank, state-owned Banque Misr has recently approved to lend two local firms around 130…
Banque Misr endorses 2045 strategy to expand funding for SMEs
Egypt's second biggest bank, state-run Banque Misr has endorsed a strategy, named 2045, aiming to expand its…
Egypt’s United Bank in talks with SANAD Fund for dollar loan
Egypt’s state-run United Bank is negotiating a dollar-dominated financing package from SANAD Fund for MSMEs, part…
National Bank of Egypt wants to boost SME financing by 20% this year
Egypt’s biggest lender, the state-owned National Bank of Egypt is seeking to increase funding for the country’s…
Banque Misr to receive Afreximbank’s $200 mln SME facility in July – official
The African Export-Import Bank (Afreximbank) will provide Egypt’s second largest bank, state-owned Banque Misr with…
