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FinancialNews


  • 09-01-17

    Banque du Caire to inject up to EGP1bn

    (MENAFN) Banque du Caire plans to inject more than EGP1bn in a number of economic sectors amid this year, which include transportation, logistics, industry and food.

    Accordingly, the bank organized a number of syndicated loans for different economic sectors worth almost EGP8.565bn during 2016.

    Furthermore, the bank's granted credit facilities amounted to EGP258mn until Nov 2016 to a variety of sectors and activities, involving automotive.

    Additionally, the bank also increased credit facility limits given to clients by EGP819mn and is recently granting the necessary approvals for new customers.

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