Banks Banque Misr signs $100 million loan with China Development Bank Yomna Yasser Jan 21, 2016 0 Banque Misr, Egypt’s second largest state bank, has signed Wednesday a US$100 million loan with the China…
Financial Institutions Moody’s: Egypt’s higher SME lending quota supports economy but endangers banks’… Yomna Yasser Jan 18, 2016 0 The Central Bank of Egypt (CBE) instructed on January 11th Egyptian banks to raise their lending to small and…
Egypt News Egypt eyes $15 billion finance package from China: Minister aya salah Jan 18, 2016 0 Egypt is in negotiations with the Export and Import Bank of China (EXIM) to secure a US$15 billion financing…
Banks New Egypt bank rules to spur business lending and growth Yomna Yasser Jan 12, 2016 0 Egypt's central bank said Monday it had amended credit market rules to encourage banks to lend to a wider range of…
EGX Five Egyptian SMEs seen listing on NILEX in H1: Economic Group Yomna Yasser Jan 11, 2016 0 Five firms are expected to be listed on Egypt’s bourse for the small and medium-sized enterprises (NILEX) within…
Banks Egypt’s central bank outlines plan to support SMEs Yomna Yasser Jan 10, 2016 0 Egypt's central bank issued Sunday guidelines on how it will incentivise banks to participate in a "comprehensive…
EGX Eagle targets listing 5 firms on Egypt SMEs bourse in H1-2016 Yomna Yasser Jan 10, 2016 0 Egypt-based financial adviser, Eagle is planning to help list five firms’ shares on the country’s bourse for the…
Banks Bank Audi plans $1bn investments in Egypt Yomna Yasser Jan 10, 2016 0 Bank Audi Egypt is planning to invest 8 billion Egyptian pounds ($1 billion) in different sectors during 2016, the…
Banks Sisi launches loan programme to support SMEs in Egypt Yomna Yasser Jan 9, 2016 0 Egyptian President Abdel Fattah al-Sisi said the banking sector is to inject 200 billion Egyptian pounds ($25…
Financial Institutions SFD in talks with Bank Audi-Egypt over $4mn-contract for SMEs Noha Gad Jan 6, 2016 0 Egypt's Social Fund for Development (SFD) is negotiating with Bank Audi –Egypt on new contract estimated at 30…