Tag: Loans

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 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 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 Hossam Mounir

Banque Misr obtains $100m loan from China Development Bank

The value of the loan has already entered the bank’s treasury

Daily News Egypt Daily News Egypt

Banks submit SME loan programmes to CBE

The CBE's January announcement mandated that banks must direct a minimum of…

Hossam Mounir Hossam Mounir

Barclays intends to exit Egyptian market after 150 years of presence

Global Barclays Group decided to exit from the Egyptian market after about…

Hossam Mounir Hossam Mounir

Egypt, Japan sign 3 bilateral agreements worth $500m

The loans will finance three national projects

Sara Aggour Sara Aggour

ADIB posts EGP 1.852bn increase in net loans portfolio

Loans portfolio at the bank increased by 1% in Q4 of 2015,…

Hossam Mounir Hossam Mounir

Banks record EGP 8.2bn increase in deposits in November: CBE

Banks also saw a EGP 2.3bn increase in loans during the same…

Hossam Mounir Hossam Mounir