Private industrial sector accounted for 62.4% of credit facilities granted by banks to non-government economic sectors at the end of March 2017: CBE
The industrial sector accounted for 36.5% of the total credit facilities granted…
Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE
Total profits amounted to EGP 30.516bn at the end of first quarter…
Nonperforming loans drop to 5.7% of total loans at banks by March end: CBE
Ratio of loans to deposits in local currency rose to 40.2%, ratio…
The government aims at borrowing EGP 371bn to fund budget deficit during Q1 of new FY
Ministry of Finance offers T-bills worth EGP 349.5bn and bonds worth EGP…
Banque du Caire, Inmaa signs joint venture agreement to finance SMEs
Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small…
Al-Assar, de Cartier discuss cooperation between Egypt and Belgium in civil and defense industries
Belgium has many companies that welcome cooperation with Egyptian military production companies,…
SMEDA signs EGP 150m contract for microlending with Banuqe du Caire
The loan is worth EGP 30,000, about 15,000 projects will be financed…
United Bank signs MoU with EBRD to support SMEs
The rehabilitation of local SMEs for global competition is the real hope…
Lifting foreign exchange transfer constraints is a new message from CBE that Egypt overcame foreign currency crisis: experts
The decision boosts confidence in the Egyptian economy, contributes to attracting more…
CBE reveals foreign exchange status after flotation
$8bn in remittances from Egyptian expats from November 2016 until the end…