Tag: Loans

HDB honours its corporate, syndicated loans, SME finance departments

Bank’s SME finance department achieves CBE’s objectives in this sector: Chairperson

Daily News Egypt Daily News Egypt

Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike

Yield on some savings certificates, loan products rises automatically after CBE’s decision

Hossam Mounir Hossam Mounir

Fawry Microfinance exceeds EGP 1bn barrier for loans granted since its establishment

Fawry Microfinance was established in 2018 with the aim of providing entrepreneurs

Daily News Egypt Daily News Egypt

National Bank of Egypt, Banque Misr offer EGP 3bn syndicated loans to civil aviation sector

Loans directed to finance developing Saint Catherine and Sphinx airports

Hossam Mounir Hossam Mounir

Agricultural Bank of Egypt grants EGP 31bn in MSME loans during 2020

Bank allocates 70% of loans to agricultural SMEs, says Chairperson Alaa Farouk

Hossam Mounir Hossam Mounir

Mashreq Bank – Egypt launches ‘Turbo Loan’ for businesspeople, self-employed

New product ensures quick credit approvals within 48 hours, with credit limit

Daily News Egypt Daily News Egypt

Housing and Development Bank records 96% growth in retail loans in 2020

Bank also reports 380% and 20% increase in auto loans and customer

Hossam Mounir Hossam Mounir

Tamweely Microfinance, USAID collaborate on offering loans to smallholder farmers

Loans are aimed at smallholder farmers growing horticultural crops

Daily News Egypt Daily News Egypt

SASME’s loans to agricultural SMEs reach EGP 945m until September

The funding was given to 11,179 beneficiaries, all of whom are small-

Hossam Mounir Hossam Mounir

HHD close to acquiring bank loans to finance development plan

Company sees increase in capital, offering bonds convertible to shares to complete

Alyaa Stohy Alyaa Stohy