2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel?
International lending is threatened with the fate of Gulf aid, which failed…
Loans will not create a burden, but will improve the lives of Egyptians: International Cooperation Minister
Revolutions begin with an economic slowdown, then comes development and recovery to…
AIB aims to increase loans granted to SMEs to EGP 7bn in 4 years: chairperson
The bank invested EGP 600m in the SMEs sector in 2015, with…
HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson
Net profits of the bank reached EGP 394.7m in the first half…
Protective measures will limit pressure on lower classes: Al-Sisi
In the second part of a two-part interview, Al-Sisi included similar rhetoric…
Loans granted by banks see EGP 60bn increase in May
The total loans granted by banks to their clients, aside from the…
SFD finances projects with EGP 784.6m in Q1 of 2016
Projects in the commercial sector accounted for 60% of the total financed…
Bank loans to customers increase by EGP 13.2bn in April: CBE
Private sector received 74.8% of total loans
Pace of borrowing will not fall, no alternatives to further external debt: experts
Current pace of borrowing will drive external debt over safe limits within…
Italian banks battered after ECB warns MPS about bad loans
The financial crisis is coming back to roost in Italy after warnings…