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Egypt’s state banks sell EGP 92 bn of high-yield certificates
The National Bank of Egypt has sold EGP 62 bn of its 15% fixed-rate certificates to some 340k customers, Chairman…
What we’re tracking on 21 April 2020
Good morning, ladies and gents, and welcome back from what we hope was a relaxing long weekend. Now, let’s get…
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…
A decade of de-risking banks has made financial markets more risky
Risk is energy, and it’s now moving from banks to money markets: The shadow of the financial crisis is looming…
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…
EIB approves EUR 90 mn SME credit line to Banque du Caire
The European Investment Bank (EIB) has approved a EUR 90 mn credit line to Banque du Caire for SME loans,…
Credit Agricole Egypt approves deputy CEO resignation
MOVES- Credit Agricole Egypt’s board of directors has approved the resignation of Vice Chairman Michel Mathieu (bio), according to an…
Samer Deghaili, Marc Abourjeily appointed HSBC co-heads of MENAT capital markets
MOVES- HSBC has appointed Samer Deghaili (Linkedin) and Marc Abourjeily (Linkedin) as co-heads of capital markets for the MENAT region,…
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