Tag: Loans

First portion of WB loan has not entered CBE yet: CBE Deputy Governor

Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed asserted…

Hossam Mounir Hossam Mounir

Non-performing loans fell to 7.2% of total by end of September 2015: CBE

CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…

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EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE

Household sector acquires 77.6% of deposits in the local currency and 63.2%…

Hossam Mounir Hossam Mounir

Retail banking accounts for 24% of Bank Audi Egypt’s total loans portfolio

EGP 3.8bn in individual loans from bank throughout September 2015, with an…

Hossam Mounir Hossam Mounir

OFID grand $40m loan in coordination with SFD

The loan will have a 4% interest rate, and the fund has…

Shaimaa Raafat Shaimaa Raafat

World Bank: Newly approved loans followed by lowered economic growth prediction

World Bank Country Director for Egypt, Yemen and Djibouti Asad Alam said…

Daily News Egypt Daily News Egypt

Banque Misr arranges EGP 62.3bn loans for major economic sectors in 2015

Bloomberg names the bank as best in promoting syndicated loans and funding…

Daily News Egypt Daily News Egypt

Egypt’s debt burden to see no relief as infusion of debt stimulus to spiral upward

After the EEDC, at least $8.3bn in loans has been agreed to…

Doaa Farid Doaa Farid

CBE controls bank operations by applying sticker obligations

CBE prohibits Egyptian banks from offering retail loans with monthly instalments that…

Hossam Mounir Hossam Mounir

Egypt received first $500m portion of loan from AfDB: Amer

The CBE awaits the first portion of the loan agreed upon with…

Hossam Mounir Hossam Mounir