Agricultural Bank of Egypt grants EGP 31bn in MSME loans during 2020
Bank allocates 70% of loans to agricultural SMEs, says Chairperson Alaa Farouk
Mashreq Bank – Egypt launches ‘Turbo Loan’ for businesspeople, self-employed
New product ensures quick credit approvals within 48 hours, with credit limit…
Housing and Development Bank records 96% growth in retail loans in 2020
Bank also reports 380% and 20% increase in auto loans and customer…
Tamweely Microfinance, USAID collaborate on offering loans to smallholder farmers
Loans are aimed at smallholder farmers growing horticultural crops
SASME’s loans to agricultural SMEs reach EGP 945m until September
The funding was given to 11,179 beneficiaries, all of whom are small-…
HHD close to acquiring bank loans to finance development plan
Company sees increase in capital, offering bonds convertible to shares to complete…
Egypt, France discuss €1bn Strategic Partnership Agreement
Present at the meeting with the minister were France’s Ambassador to Egypt,…
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,…
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…
Mortgage finance companies likely to provide EGP 3.5bn loans in 2021
Mortgage finance is safe haven for real estate investments in current period,…
