Sanad Fund grants Banque du Caire $30m subordinated loan
The transaction will be used to strengthen bank’s capital base and enhance…
RTVC close to obtaining EGP 3.3bn of syndicated loan
The funding will be provided in two tranches, with the first tranche…
HDB takes part in EGP 650m syndicated loan to finance Borg El-Arab pharmaceutical plant
The alliance also includes the Export Development Bank of Egypt (EBE), Egyptian…
EBRD grants Banque du Caire $50m loan to support MSMEs
The loan will assist the Egyptian bank in developing its MSME lending…
Banks to study impacts of interest rate cut on savings, loan products
Returns on some savings certificates and loans automatically dropped by 0.5% after…
Edita, Arab Bank sign EGP 105m medium-term loan
The facility, which comes with a seven-year term, is eligible for issue…
Banks explore repayment options of deferred loan instalments during COVID-19
Complete inventory is being undertaken of clients benefiting from CBE loan deferral…
CBE directs banks to take appropriate measures on deferred loan instalments
Each bank must conduct careful review of existing credit facilities, and their…
EBRD grants $14m equity loan, co-finances $40m for Egypt’s Kom Ombo solar plant
Project will add 200 MW of renewable energy to national electricity grid…
South Sudan seeks $250m Afreximbank loan to cushion COVID-19 impacts
Lily Albino Akol, South Sudan deputy minister of agriculture and food security,…