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,…
Farmer investment loans decline 2.3% to EGP 13.8bn in FY 2018/19: CAPMAS
In its annual bulletin of agricultural sector cooperative activity in FY 2018/19,…
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…
Mortgage finance companies likely to provide EGP 3.5bn loans in 2021
Mortgage finance is safe haven for real estate investments in current period,…
Private sector holds 61.7% of total bank loans in April: CBE
Total deposits see 14.33% growth in April, compared to 13.9% in March;…
Cairo Chamber of Commerce calls for adding commercial, service sectors in CBE’s 5% interest loans
Move is to protect commercial sector and allow it to fulfil obligations
