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CIB gets USD 100 mn in tier 2 capital from UK investment group CDC
DEBT WATCH- UK’s CDC provides CIB with USD 100 mn in tier 2 capital: Leading private sector bank CIB has…
Manage your business, no matter where you are, with CIB Business Online
Are you a business owner and a CIB customer? Have you registered for your company’s internet banking privileges? Is the…
How 2020 is already the year for Egyptian green bonds
2020 is the year green bonds become real in Egypt: Both the private sector and the government have for long…
Housing and Development Bank lands promoting + underwriting license from Egypt’s FRA
Housing and Development Bank lands investment banking license: The Housing and Development Bank has landed a license from the Financial…
Central Bank of Egypt grants payment facilitator certification to Raya’s Aman
Raya Holding subsidiary Aman for e-payments has received approval from the Central Bank of Egypt (CBE) to become a certified…
Edita’s Morocco arm obtains USD 8.2 mn loan to fund new facility
Edita Food Industries’ Morocco-based subsidiary has acquired a MAD 80 mn (c. USD 8.24 mm) from the Arab Bank’s branch…
EBRD may increase financing to Egyptian banks to USD 1 bn -sources
EBRD may boost financing to Egyptian banks by USD 150 mn -sources: The European Bank for Reconstruction and Development (EBRD)…
Egypt suspends privatization program again due to “unfavorable” conditions
PRIVATIZATION WATCH- The state privatization program is still on ice due to the “unfavorable” market conditions caused by the covid-19…
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