Tag: Loans

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…

Mohamed Ayyad Mohamed Ayyad

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…

Mohamed Ayyad Mohamed Ayyad

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…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

Protective measures will limit pressure on lower classes: Al-Sisi

In the second part of a two-part interview, Al-Sisi included similar rhetoric…

Adham Youssef Adham Youssef

Loans granted by banks see EGP 60bn increase in May

The total loans granted by banks to their clients, aside from the…

Daily News Egypt Daily News Egypt

SFD finances projects with EGP 784.6m in Q1 of 2016

Projects in the commercial sector accounted for 60% of the total financed…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Bank loans to customers increase by EGP 13.2bn in April: CBE

Private sector received 74.8% of total loans

Hossam Mounir Hossam Mounir

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…

Hisham Salah Hisham Salah

Italian banks battered after ECB warns MPS about bad loans

The financial crisis is coming back to roost in Italy after warnings…

Deutsche Welle Deutsche Welle