Tag: Loans

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

Egypt, France discuss €1bn Strategic Partnership Agreement

Present at the meeting with the minister were France’s Ambassador to Egypt,…

Nehal Samir Nehal Samir

Farmer investment loans decline 2.3% to EGP 13.8bn in FY 2018/19: CAPMAS

In its annual bulletin of agricultural sector cooperative activity in FY 2018/19,…

Daily News Egypt Daily News Egypt

Non-performing loans in Egypt’s banks drop to 3.9% end-June

Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…

Hossam Mounir Hossam Mounir

Mortgage finance companies likely to provide EGP 3.5bn loans in 2021

Mortgage finance is safe haven for real estate investments in current period,…

Shaimaa Al-Aees Shaimaa Al-Aees

Private sector holds 61.7% of total bank loans in April: CBE

Total deposits see 14.33% growth in April, compared to 13.9% in March;…

Hossam Mounir Hossam Mounir

Cairo Chamber of Commerce calls for adding commercial, service sectors in CBE’s 5% interest loans

Move is to protect commercial sector and allow it to fulfil obligations

Mohamed Alaa El-Din Mohamed Alaa El-Din

CBE offers 2-year hotel loans with 6-month grace 

Government halts administrative distraint on defaulters in tourism sector for one year

Hossam Mounir Hossam Mounir

HDB pumps EGP 100m for auto loans in two months

Bank to centralise retail credit services, deciding on client’s credit eligibility take…

Hossam Mounir Hossam Mounir