Increased max ratio of loan premiums increases bank profits, may affect asset quality: Beltone
CIB, QNB, Credit Agricole, and ADIB are the main beneficiaries of the…
MSMEDA undertakes EGP 62m urban development in Cairo’s Zawya El Hamra
The project’s finance granted by AFD
CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income
The CBE decided to keep the maximum for personal housing loans at…
El Sayed El Kosayer: from reforming ABE to the Agriculture Ministry
El Kosayer worked to restructure the Industrial Development and Workers Bank of…
Banque du Caire leads banking alliance to raise €150m for financing MDF factory
The factory is being built in Idku, Beheira, with a production capacity…
HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson
These profits came despite the challenges that the banking sector has faced…
Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019
Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…
HC expects CBE to cut interest 0.5% during its next meeting on 26 December
We expect annual inflation to rise in December to 7.3%, which is…
CIB aims to increase its share of financing real estate companies to 37% in 2020: El-Ganainy
Real estate companies’ portfolio reaches about 15% of the total corporate credit…
PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt
The Loan is segregated into Tranches A and B, with maturity of…
