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What we’re tracking on 23 April 2020
Ramadan Kareem, everybody. Dar Al Iftaa confirmed last night that Friday is the first day of the holy month, meaning…
National Bank of Egypt
National Bank of Egypt, Banque Misr sell EGP 82 bn of high-yield certificates
State banks sell EGP 82 bn of high-interest savings certificates: National Bank of Egypt has sold EGP 56 bn of…
Vitas Egypt in talks with Sanad Fund, unnamed local bank for new loans
Vitas Egypt is in talks with German Development Bank KfW’s Sanad Fund and unnamed local banks for several loans to…
NBE maintains top spot for syndicated loans in Egypt -Bloomberg
The National Bank of Egypt (NBE) was rated as the country’s top bank for syndicated loans for 1Q2020, having arranged…
National Bank of Egypt, Banque Misr sell EGP 70 bn of high-interest CDs
State banks sell EGP 70 bn of high-interest savings certificates in three weeks: Around EGP 70 bn has been invested…
Egyptians buy up EGP 53 bn of new high-interest savings certificates
More than EGP 53 bn has been invested into 15% certificates: National Bank of Egypt’s certificates have attracted EGP 36…
What we’re tracking on 01 April 2020
Can you believe it’s the first day of 2Q2020? Our heads are still spinning over here. Ten of 11 analysts…
Egyptians pour EGP 30 bn into new high-interest savings certificates
EGP 30 bn pours into new high-interest savings certificates: Egyptians invested EGP 30 bn into the new 15% fixed rate…
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