Banking Institute, Cairo Chamber Of Commerce Sign Mou To Train Smes Sector
The Egyptian Banking Institute and the Cairo Chamber of Commerce signed a memorandum of understanding (MoU) to…
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SMEs
Egypt’s Industrial Development Bank ups SME portfolio to $77mn at Sept-end
Egypt’s Industrial Development and Workers Bank (IDWBE) registered a 27 percent y-o-y jump in its direct and…
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…
French Development Agency, CIB Egypt ink €80mn letter of intent
Egypt’s biggest private bank, Commercial International Bank (CIB) has signed wih the French Agency Group…
Egypt’s Tahya Misr fund to launch holding firm for SMEs
"Tahya Misr" (Long Live Egypt) fund is to launch a holding company to support and finance Small and Medium-sized…
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…
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)…
SFD Offers $191mln In Loans To Develop Medium Enterprises
The loans offered by the Social Fund for Development (SFD), affiliated to the Ministry of Industry and Foreign…
EFG-Hermes launches Subsidiary to offer Leasing Services
Egypt's EFG-Hermes, one of the largest investment banks in the Middle East, announced Sunday that it had launched…
