Industrial Development Bank’s SME Finances Hit EGP 325 Mln
The Industrial Development and Workers Bank of Egypt’s finances to small and medium enterprises reached EGP 325…
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SMEs
CIB Signs SME Finance Contract Worth EGP 100 Mln With SFD
The Commercial International Bank (CIB) signed today its first contract with the Social Fund for Development (SFD)…
SFD Secures US$45 Mln From European Investment Bank
The Social Fund for Development (SFD) will sign tonight finance contracts worth US$ 45 million with the European…
Piraeus Egypt Eyes 50% Increase In SME Finance By End Of 2013
Piraeus Bank Egypt targets to increase portfolio of SME loans and finances by 50% by the end of 2013. A source said…
Banque Du Caire Eyes 20% Increase In Loans In FY 2012/13
Banque Du Caire targets to increase its portfolio of loans and credit facilities by 20% by the end of FY 2012/2013.…
NBE Seeks International Loans To Lend Local Banks For Financing SMEs
The National Bank of Egypt (NBE) is currently in talks with international lenders to receive soft loans and then…
NBE, ITIDA Signed EGP 150 Mln Deal For Financing Small IT Firms
The Information Technology Industry Development Agency (ITIDA) signed a cooperation agreement with the National…
Banque Du Caire: Corporate Credit Facilities Registered EGP 11.6 Bln
Banque Du Caire’s portfolio of corporate credit facilities surged by EGP 200 million (1.8%) in Q1 of FY 2012/2013,…
Al Baraka To Offer Musharaka Finance For SMEs In November
Al Baraka Bank Egypt targets to expand in financing small and medium enterprises (SMEs) by the beginning of next…
PBDAC Negotiates With SFD Over EGP 100 Mln Murabaha Contract
The Principal Bank for Development and Agricultural Credit is in talks with the Social Fund for Development (SFD)…