Tag: credit

72m credit facilities registered in I-Score database as of October 2015

140,500 SMEs work with banks and banking sector should support these companies…

Hossam Mounir Hossam Mounir

CBE’s new lending regulations are credit positive for banks: Moody’s

Egypt’s Higher SME Lending Quota Supports Economy but threatens Banks’ Asset Quality

Daily News Egypt Daily News Egypt

Banking intermediation credit to private sector at 32% until 15 September

The overall share of funds to SMEs in the loans portfolios of…

Daily News Egypt Daily News Egypt

$72m total investment acquired by Careem since inauguration

Around 15 females work with Careem as captains in its Egyptian fleet

Menna Samir Menna Samir

CBE pays 25% of credit facilitation for importers

The Central Bank of Egypt has repaid approximately 25% ($1bn) of the total…

Hossam Mounir Hossam Mounir

Egypt’s dollar bonds attract more than 290 investors from foreign markets: Dimian

Distribution of 45% of bonds in USA, 35% in UK, 11% in…

Daily News Egypt Daily News Egypt

Moody’s upgrades CR assessments for 5 Egyptian banks

On 15 May, Standard and Poor’s revised its outlook on Egypt, raising…

Sara Aggour Sara Aggour

NBE to grant credit for 640 housing units

CBE launched mortgage initiative last April worth EGP 10bn for real estate…

Daily News Egypt Daily News Egypt

EBRD provides $30m to NBE for small business development

Loan follows $50m provided in December 2013

Sara Aggour Sara Aggour

Shift in Suez Canal financing comes under scrutiny

Investment certificates expected to encourage investors with higher-than-average interest rates

Sara Aggour Sara Aggour