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CBE grants HSBC, Emirates NBD license to use QR codes for e-payments
The Central Bank of Egypt has granted HSBC and Emirates NBD the e-admission license that uses QR Codes for enhanced…
BANKING + FINANCE
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BANKING + FINANCE
National Bank of Egypt, NBK ask FinMin to guarantee USD 700 mn ANOPC loan
The National Bank of Egypt and the National Bank of Kuwait have requested letters of guarantee from the Finance Ministry…
Three banks to give Misr Italia EGP 650 syndicated loan
Misr Italia Real Estate Group is set to receive a syndicated loan worth EGP 650 mn from Al Ahli Bank,…
Ebtikar to set up two consumer finance arms by year end
Ebtikar for Financial Investment is planning to set up two consumer finance arms by the end of the year, the…
e-Finance partners with MasterCard to support government payments
State-owned payments platform e-Finance has signed an agreement with MasterCard to allow government service recipients to pay their fees online,…
Emirates NBD grants Farm Frites USD 28 mn loan
Emirates NBD is extending a USD 28 mn medium-term loan to American Group subsidiary Farm Frites to finance the company’s…
EFG Hermes closes EGP 169 mn short-term bond sale for Premium International
EFG Hermes have closed a EGP 169 mn short-term bond issuance for Premium International for Credit Services, the local press…
Raya Holding subsidiaries to issue securitized bonds worth EGP 500 mn
Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500…
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