Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike
Yield on some savings certificates, loan products rises automatically after CBE’s decision
Fawry Microfinance exceeds EGP 1bn barrier for loans granted since its establishment
Fawry Microfinance was established in 2018 with the aim of providing entrepreneurs…
National Bank of Egypt, Banque Misr offer EGP 3bn syndicated loans to civil aviation sector
Loans directed to finance developing Saint Catherine and Sphinx airports
Agricultural Bank of Egypt grants EGP 31bn in MSME loans during 2020
Bank allocates 70% of loans to agricultural SMEs, says Chairperson Alaa Farouk
Mashreq Bank – Egypt launches ‘Turbo Loan’ for businesspeople, self-employed
New product ensures quick credit approvals within 48 hours, with credit limit…
Housing and Development Bank records 96% growth in retail loans in 2020
Bank also reports 380% and 20% increase in auto loans and customer…
Tamweely Microfinance, USAID collaborate on offering loans to smallholder farmers
Loans are aimed at smallholder farmers growing horticultural crops
SASME’s loans to agricultural SMEs reach EGP 945m until September
The funding was given to 11,179 beneficiaries, all of whom are small-…
HHD close to acquiring bank loans to finance development plan
Company sees increase in capital, offering bonds convertible to shares to complete…
Egypt, France discuss €1bn Strategic Partnership Agreement
Present at the meeting with the minister were France’s Ambassador to Egypt,…
