The executive chairman of EFG-Hermes Leasing, Wael Zeyada stresses the necessity of involving the leasing sector in …
Tag:
Small and medium sized enterprises
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Banks
Egypt’s National Bank says SME portfolio jumped 470% in 5 years
by Yomna Yasserby Yomna YasserThe National Bank of Egypt, the country’s largest commercial bank, recorded a 470 percent growth in its …
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Financial Institutions
Moody’s: New funding for SME lending to diversify Egyptian banks’ revenues
by Yomna Yasserby Yomna YasserThe global rating agency Moody’s stated Monday that the Egyptian banks have recently been receiving larger amounts …
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The African Development Bank (AfDB) is in talks with two major Egyptian banks to finance small businesses …
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The total funds of Social Fund for Development (SFD) for Small and Medium-sized Enterprises (SMEs) worth 3 …
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Egypt News
Egypt must do more to bolster access to finance for SMEs: Euromoney panel
by Yomna Yasserby Yomna YasserLimited access to finance and high collateral requirements from banks is a major hurdle stifling the growth …
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Banks
CDB, Egypt’s NBE to sign $100mn loan deal at Sisi’s China visit
by Yomna Yasserby Yomna YasserThe National Bank of Egypt (NBE), the largest state-run bank in the country, and China Development Bank (CDB) …
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Financial Institutions
IMF: 20% of Egyptian SMEs prefer Sharia-compliant Products
by Yomna Yasserby Yomna YasserIn Egypt, 20% of small- and medium-sized enterprises (SMEs) have indicated a preference for Sharia-compliant products, according …
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Banks
Egypt’s Industrial Development Bank, SFD to ink New Financing Pact This February
by Yomna Yasserby Yomna YasserThe Industrial Development & Workers Bank of Egypt (IDWBE) will be signing next February a new financing …
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Banque Misr is planning to carry out the first Islamic financing for the small and medium-sized enterprises, …