CIB negotiates with 8 banks to fund Orascom Hotels loan rescheduling worth EGP 2bn
The company looks to reschedule both short- and mid-term loans
NBE, Banque Misr, Banque du Caire launch EGP-denominated saving certificates with 20% interest rate, 18-month maturity period
The banks also launced three-year certificates with a 16% interest rate
State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE
Banking sector accounts for 77% of total outstanding balances of bills
Banks working to prevent customer manipulation on electronic payment cards abroad
New controls and shortening limits on card usage are being implemented to…
Banque Misr requires customers to provide travel documents to use cards abroad
These new controls are designed to prevent cards abuse, says bank chairperson
Banque Misr aims to boost SME loan portfolio to EGP 30bn in next few years
Banque Misr aims to increase the size of its small- and medium-sized…
Damietta Furniture City signs cooperation protocol with Banque Misr to finance junior craftsmen
The city is built on 331 acres, including 2,000 workshops and 55…
Banque Misr arranges EGP 2bn syndicated loans for industry sector projects: chairperson
Negotiations underway with a foreign institution to obtain a $300m loan in…
Government salaries programme with Visa is a step to activate financial inclusion efforts: Mahfouz
Visa offers a large variety of solutions and products that provides customers…
Banque Misr launches service for credit score via ATM enquiry
Banque Misr launched a service that allows its customers to enquire about…