Tag: credit

Growth in broad money, credit to decelerate rapidly in coming months: IIF report

The IIF’s report says that a 1% increase in interest rates would…

Elsayed Solyman Elsayed Solyman

CBE calls on banks to reconsider limits of credit they grant clients

CBE issues regulations to benefit from covering debts of companies resulting from…

Hossam Mounir Hossam Mounir

EGP 27.4bn increase in total credit facilities granted by banks to clients during Q1 of FY 2016/2017: CBE

The private sector accounted for 59.6% of the total of these facilities…

Hossam Mounir Hossam Mounir

Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE

Private sector accounts for 59.4% of the total facilities, deposits increase by…

Hossam Mounir Hossam Mounir

Pound liberalisation, high interest rate credit positive for banks: Moody’s

The increase in benchmark rates will support banks’ profitability, says the credit…

Shaimaa Al-Aees Shaimaa Al-Aees

Banks granted EGP 207.7bn more credit facilities over 11-month period: CBE

Industry sector accounts for 32.2% of the credit facilities; while only 1.4%…

Hossam Mounir Hossam Mounir

Banque Misr launches service for credit score via ATM enquiry

Banque Misr launched a service that allows its customers to enquire about…

Hossam Mounir Hossam Mounir

US dollar shortage restricts activities of credit leasing companies

Import companies have suspended operations amid difficulty opening letters of credit, says…

Hossam Mounir Hossam Mounir

Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE

Industry at forefront of economic sectors funded by banks followed by services,…

Hossam Mounir Hossam Mounir