Return on treasury bonds jumps by more than 1.5%, public banks begin to raise interest rates
Ministry of Finance offered three auctions for treasury bonds on Monday. The…
Cabinet settles debate about presidency of PBDAC, issues a decision appointing El-Kosayer as chairman
El-Kosayer will begin in April and will remain chairman for 3 years
CBE appoints Alsayed Al-Qussair as chairman of PBDAC
Al-Qussair succeeds Atteya Salem, the former chairman of PBDAC
Private banks wait on public banks to make first move to raise interest rates
Return on treasury bills for 3, 9 months increased after CBE lifted…
SECON to start withdrawing loan acquired from Banque Misr, NBE before end of March
Company will not borrow from banks currently, will participate in major national…
SMEs comprise 9.5% of United Bank’s loan portfolio by end of December 2015
We target 25% increase in funds directed to SMEs from the total…
Banque Misr targets increase in SMEs loans to EGP 1.5bn by end of FY 2015/2016
The bank provides 55% of the total funds granted by banks as…
IDBE launches 11 products, programmes to finance SMEs: bank chairperson
Loans to SMEs represent 16% of bank’s total loan portfolio, which we…
UNB-Egypt aims to increase SMEs loans to 8% of total portfolio by year’s end
Bank developed a strategy to increase finances provided to the sector to…
Metropolitan Consulting supports CBE’s initiative for financing SMEs
Nagaty said the company’s goal behind this step is to contribute to…