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Lending by banks’ NBFI arms to count toward single obligor limits
REGULATION WATCH- CBE issues new regs to reduce bank lending risks: Restrictions placed on bank lending to corporate borrowers will…
KarmSolar signs EGP 230 mn loan agreement with Banque Misr
KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO…
ADIB Capital considers arranging EGP 1.1 bn loan for El Ezaby
ADIB Capital is considering arranging and marketing a EGP 1.1 bn loan for El Ezaby Pharmacies, banking sources told Al…
Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE
The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt…
CIB appoints two Indian bankers as non-executive board members
MOVES- CIB has appointed seasoned Indian bankers Rajeev Kakar and Paresh Sukthankar as non-executive board members, the bank said in…
Banque Misr mulls USD 300 mn loan to DP World for Ain Sokhna port expansion
Banque Misr could extend a seven-year, USD 300 mn loan to the UAE’s DP World to part-fund the expansion of…
ELAB to obtain EGP 1 bn syndicated loan led by the National Bank of Egypt
The National Bank of Egypt (NBE) is acting as lead arranger for a EGP 1 bn, seven-year syndicated loan for…
Egypt’s United Bank sale moving forward, Amer says
M&A WATCH- United Bank sale moving forward: The CBE has appointed one local and one foreign lead advisor on the…
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