The African Export-Import Bank (Afreximbank) has secured more than $1 billion worth of indirect credit facilities for …
letters of guarantee
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Banks
Banque Du Caire says to inject $169 mln in SME projects this year
by Yomna Yasserby Yomna YasserEgypt’s third biggest public lender Banque du Caire plans to inject 1.5 billion Egyptian pounds ($169 million) …
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Banks
Siemens requesting Letters of Guarantees for Egypt Power Projects
by Yomna Yasserby Yomna YasserGerman industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian banks. …
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Banks
Ahli United Bank Grants EGP15bn Letters of Credit in 10 Months
by Yomna Yasserby Yomna YasserIn 10 months, Ahli United Bank (AUB) granted an EGP14-15 billion worth of letters of credit to …
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Banks
Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013
by Yomna Yasserby Yomna YasserDuring 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ …
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The Industrial Development and Workers Bank of Egypt (IDWB) said on Monday its SME direct and indirect finance …
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Banque Du Caire has approved to provide $60 million letters of credit for the Egyptian General Petroleum …
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Ahli United Bank issued letters of credit and guarantee worth EGP 4.357 billion in January and February. …
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Egyptian Minister of Industry and Foreign Trade Hatem Saleh decided this morning to cut down on the …