Tag: Loans

NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson

The bank settled EGP 2bn of non-performing debts from July 2015 until…

Hossam Mounir

High interest rate hinders banks in Egypt from obtaining foreign loans

Foreign institutions require high return interest rates of 5.5%, which is unsuitable…

Hossam Mounir

NBE loans EGP 1bn to 1,734 micro and small-sized enterprises in February, March 2016

The bank provided EGP 23.4bn to 48,000 SMEs through of March 2016

Hossam Mounir

NBE aims to reduce delayed debt payments by June: deputy chairperson

The National Bank of Egypt currently has an outstanding debt of EGP…

Hossam Mounir

BLOM Bank Egypt reveals top features of 5-year expansion plan

Bank’s goals include increasing large and small branches network, presence in Upper…

Hossam Mounir

EGP 2.5bn syndicated loan to Majid Al Futtaim

Alex Bank and the National Bank of Abu Dhabi will act as…

Daily News Egypt

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…

Hossam Mounir

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…

Hossam Mounir

AIB aims to increase SMEs loans portfolio to EGP 7bn by 2020

The volume of loans provided to SMEs amounted to EGP 1.5bn, equal…

Hossam Mounir