Egypt’s City Edge, Suez Canal Bank clinches mortgage finance deal
Egypt's City Edge Developments and Suez Canal Bank have signed a cooperation protocol to support the government’s…
Browsing Tag
Suez Canal Bank
Suez Canal Bank to launch EGP 250 mln money market fund by mid-July
Egypt's Suez Canal Bank plans to launch its first money market fund with 250 million Egyptian pounds ($15.5…
Suez Canal Bank’s profit down 11% in Q1
The Suez Canal Bank posted an 11 percent year-on-year (YoY) decline in its net profits during the first quarter of…
Suez Canal Bank 9-month net profit grows 10% y-o-y
Egypt’s Suez Canal Bank reported on Wednesday a 10 percent year-on-year growth in net profit for the first nine…
Suez Canal Bank injects $47.8mn into syndicated loans in Q1 – source
Egypt’s state-run Suez Canal Bank pumped 800 million Egyptian pounds ($47.8 million) into a number of syndicated…
Suez Canal Bank’s financial position increases by 13.3 in Sep. 2018
Suez Canal Bank announced that its financial position has reached 43 billion Egyptian pounds in September 2018 with…
Saudi Arabia’s Alhokair fully pays off Egypt mall loan
Marakez, a subsidiary of Saudi mall developer Fawaz Alhokair, has fully paid off a 2 billion Egyptian pound ($111.7…
Saudi Arabia’s Alhokair seeks early repayment for Egypt mall loan
Marakez, a subsidiary of Saudi Fawaz Alhokair Group, is in talks with seven banks on paying off around 1.6 billion…
Four banks team up to finance Zizinia El Mostakbal with 568mln pounds
A consortium of four banks including the National Bank of Egypt (NBE), Suez Canal Bank, and the Egyptian Arab Land…
State-owned Suez Canal Bank’s net profit rises 69.5% in 2017
Egypt's state-run Suez Canal Bank reported Monday a 69.5 percent increase in its net profit to reach 356 million…
