Tag: Loans

Banque Misr arranges loans worth EGP 55.1bn in 2016

The bank won the “Best Africa Project Finance House” award for 2016…

Daily News Egypt

Banks obliged to separate microfinance from retail loans

Trial project between civil associations and banks to benefit from digital services…

Hossam Mounir

1.8m people benefited from microfinance loans until the end of 2016: Samy

Volume of funding provided by these bodies increased to EGP 4.5bn, trade…

Hossam Mounir

NBE accounts for 18% of total syndicated loans arranged in Africa

Bloomberg places NBE first in Egypt and other African markets for arranging…

Daily News Egypt

QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD

Total assets increased to EGP 195.780bn, up 3% from December 2016

Hossam Mounir

Petroleum Ministry to repay part of its dues to foreign partners in May

The ministry will complete the repayment of its dues after receiving the…

Mohamed Farag

Egypt’s public debt is reaching critical level

Experts believe there are no other options but to ask for more…

Hisham Salah

Egypt’s foreign exchange reserves to reach $28.5bn by March: CBE

Egypt expects the second tranche of a $12bn IMF loan by May

Farida Ismail

Private sector acquires 66.3% of total bank loans to clients by December: CBE

Non-performing loans rate declines to 5.8% of total loans in banks, with…

Hossam Mounir

Banks offer their support to real estate sector

NBE provided letters of guarantee worth EGP 5bn for the sector of…

Hossam Mounir