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FINANCIAL NEWS
Egypt arranges EGP2b loans for projects in industry sector
21 Sep 2016
(MENAFN) Egypt is organizing a number of syndicated loans value EGP2bn for projects in the industry sector.Accordingly, the loans portfolio jumped to EGP108bn at the end of June this year compared to EGP63bn in June of last year.Moreover, Banque Misr posted EGP340bn of the customers’ deposits as of the end of June, an increase of 19 percent compared to June 2015.On the other hand, the bank is in talks with a global financial institution to obtain a loan worth USD300mn to help its dollar liquidity and meet the foreign exchange.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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