Latest in Tag: AAIB Highlight
Latest in Tag: AAIB
The two parties stressed that the signing of this agreement comes within the framework of keenness on keeping pace with the plans and strategies of the Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA), to achieve financial inclusion and support the economic empowerment of citizens, in line with the goals of sustainable development and the vision of “Egypt 2030”.
This comes as part of the AAIB’s comprehensive plan to provide new bundles of digital banking solutions and the latest banking services in a quick, swift, and efficient manner to meet all of its customers’ needs, in their advanced lifestyle. Since the AAIB constantly prioritizes its customers, the bank is always keen to provide services that respond to their different needs, in the most convenient way.
This comes under the framework of the CBE to facilitate citizens’ lives and support the financial inclusion plan.
She has more than 20 years of experience in communication, marketing, sustainability
The deal is in line with the bank’s strategy to deliver the best financial and non-financial services and quality products withadded-value services to meet its customers’ needs.
Programme’s application deadline is on 13 January
The protocol was signed by Heba Saleh, Chairperson of the ITI, and Engy Wahdan, head of human resources in AAIB.
The event witnessed a large gathering of the bank’s employees from various departments, and they had the chance to take memorable photos with the trophy.
Agreements cover design, financing, installation, and operation of solar energy stations
Financing supports bank’s realisation of vital role played by developing new cities
Bank to offer Egyptian merchants state-of-the-art N-Genius™ payment platform
Launched in 2014, Villette will cover an area of 301 feddans. SODIC has delivered about 600 units, with delivery of units in the project’s first phases having started in 2018. Villette is comprised of single family homes as well as high end apartment buildings.
The syndicated credit facility will partially finance the investment cost of Hacienda Bay, one of the real estate developer’s major projects in the North Coast, according to a statement to the Egyptian Exchange on Thursday.
Project’s implementation is likely to start in 4Q 2020
Growing demand for administrative, commercial real estate as prime office rents are rising and vacancy volumes dropping, says Sultan
Company aims for EGP 3bn in revenues in 2020, says Al-Hatimi
In light of this fruitful partnership, AAIB granted Premium Card a credit facility, which amounts to EGP 200m, to be utilised in financing the company’s consumer finance portfolio.
A securitisation transaction is a debt capital market financial instrument whereby future receivables are converted into financial securities which can then be listed and traded on the stock exchange.
Loan to finance 50% of new mall on Cairo-Sokhna road
Naeem maintains BUY reccomendation for MNHD with TP of EGP 8.59/share
Loan extended over 5 years, expected to be disbursed starting June
Egyptian banking sector is strong, capable of achieving Egypt’s leadership in sustainable development in Middle East, Africa
Bank seeks to push cooperation with EBRD to benefit from its experience in serving sectors, economic activities targeted in Egypt: CEO of AAIB
Candidate previously served as deputy chairperson of NBE, member of board of directors of TE
Abdel Kader previously nominated by CBE to represent Egypt at G20 Summit in China, Green Finance Study Group in 2016
The series of branches includes Souhag, Sukhna port, Mandara, Abbasia, Shams Club, Obour Buildings
Egypt’s newest microfinance lending institution, Sandah, was launched in Cairo on Tuesday with EGP 155m in capital. Its main founding shareholders—the Arab African International Bank (AAIB) and SANAD Fund for MSME (SANAD)—celebrated the launch of Egypt’s newest microfinance company. SANAD Fund’s expansion in the Egyptian market is a testament to the international financial institutions’ confidence …
Bank gateway to international investments in Egypt by providing best financial, investment solutions to global investors, Abdalla says
Funding solidifies bank’s role in supporting energy sector, says AAIB CEO
The Arab African International Bank (AAIB) has successfully contributed to financing the largest solar power project in Egypt and the Middle East in Benban, Aswan, becoming the largest solar power plant in the region with a target capacity of 1.8 GW. According to Hassan Abdalla, executive director of the AAIB, Egypt is one of the …