Banque du Caire

Type: Company
Name: Banque du Caire
First reported Aug 30 2014 - Updated Aug 30 2014 - 1 reports

Egypt: Suez Canal Investment Certificates to Be Released On Monday

Cairo — Egypt will issue the new Suez Canal investment certificates on Monday, September 1, state-run MENA agency reported, adding that the certificates will have a 12 percent yearly interest rate and quarterly dividends.The four banks of Banque Misr, ... [Published AllAfrica.com - Aug 30 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 1 reports

Overview of banking sector performance over FY 2013/2014

Over the fiscal year (FY) 2013/2014, Egypt’s banking sector has provided the government with steadier footing, providing loans through treasury bonds to fill the budget deficit. Even with their major role in securing the economy, the banks have managed ... [Published Daily Star Egypt - Aug 30 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 1 reports

NBE receives 800 applications for mortgage funding for low- and middle-income individuals

The National Bank of Egypt (NBE) says it received 800 requests for mortgage funding from those with low or average incomes last week.(DNE Photo)By Ayat Al-BatawiThe National Bank of Egypt (NBE) says it received 800 requests for mortgage funding from those ... [Published Daily Star Egypt - Aug 30 2014]
First reported Aug 27 2014 - Updated Aug 28 2014 - 1 reports

UAE to provide Egypt with loan to purchase petroleum products

Tareq al-Mulla, executive chief of the Egyptian General Petroleum Corporation (EGPC), said the United Arab Emirates agreed to provide Egypt with a loan to meet the needs of petroleum products.Emirates is not offering a grant to Egypt, but facilities in ... [Published Egypt Independent - Aug 27 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Suez project: Egypt seeks expat support

Home News Article AAug 28 2014 By IRFAN MOHAMMED The Egyptian government is planning to turn to Egyptian nationals working in the Kingdom to secure funds for the expansion of the prestigious Suez Canal.Egyptian officials have high hopes of generating ... [Published Zawya.com - Aug 28 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 2 reports

Suez Canal investment certificates issued within next week: CBE governor

Suez Canal investment certificates will be issued during the next week.(AFP Photo)Suez Canal investment certificates will be issued during the next week, Central Bank of Egypt (CBE) Governor Hisham Ramez announced late Monday.Ramez added that the certificates ... [Published Daily Star Egypt - Aug 26 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Banque du Caire opens new branches for micro enterprises

Banque du Caire is continuously expanding in the financing of micro enterprises. The bank financed these enterprises with more than EGP 1.250 billion in 2014.In addition, the Egypt-based lender will open five new arms for micro … ... [Published Mubasher - Aug 22 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Annual interest rate of 12 percent for Egypt's Suez Canal Investment Certificates announced

It is reported that the Governor of the Central Bank of Egypt (CBE) Hisham Ramez said that Suez Canal investment certificates will be issued by the National bank of Egypt, Banque Misr and Banque du Caire and will have an annual interest rate of 12% that ... [Published Mbendi - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

No limit on new Suez Canal certificates: M.Finance | 2014-08-19 12:21:00 PM

Finance Minister Hany Kadry Demian said in a statement on Tuesday that there will be no limit on the amount of investment certificates individuals and corporations can buy in the new Suez Canal development project.Earlier this month, President Abdel-Fattah ... [Published Nile International - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Suez Canal Certificates set to cover most of, all required funding: Minister

Arab Finance: Egyptian planning minister, Ashraf AlAraby, said that the Suez Canal Investment Certificates is the only source of funding for the Suez Canal project until now and will cover most of or all the required funding, according to AlMal newsp ... [Published Arab Finance - Aug 19 2014]
First reported Aug 17 2014 - Updated Aug 17 2014 - 1 reports

TE to connect Banque du Caire branches using fiber optic technology

Telecom Egypt (TE) signed a 10-year agreement with Banque du Caire to connect 156 branches using fiber optic technology, thus providing a data speed of 10 gigabytes per second.This is the biggest telecom services deal in Egypt’s banking … ... [Published Mubasher - Aug 17 2014]
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

CAIRE : Egyptians to Get Annual Interest Rate of 12% for Suez Canal Investment Certificates

Governor of the Central Bank of Egypt (CBE) Hisham Ramez said that the decision of Egyptians' participation in establishing the New Suez Canal was taken by President Abdel-Fattah El-Sisi .Ramez pointed out that the investment certificates that will be ... [Published 4 Traders - Aug 16 2014]

Quotes

"The country will issue bonds in dollars at the request of several Egyptain expatriates. There will be no limit as to how many bonds can be purchased by a single buyer" he said
"The Emirati loan will last for one year and is allocated to purchase petroleum substances" Mulla said
"Egyptian banks began to receive purchase orders from Egyptians last week" Ramez said
"Foreigners bought T-bills through the auction and this is a very positive indicator on Egyptian economy's recovery, proving that the latest governmental decisions have put the country on the right path" Hisham Ramez, the CBE's governor said in the statement

More Content

All (22) | News (20) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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6m tax-exempted Suez Canal investment certifica... [Published Daily Star Egypt - 20 hours ago]
Egypt: Suez Canal Investment Certificates to Be... [Published AllAfrica.com - Aug 30 2014]
NBE receives 800 applications for mortgage fund... [Published Daily Star Egypt - Aug 30 2014]
Overview of banking sector performance over FY ... [Published Daily Star Egypt - Aug 30 2014]
Suez project: Egypt seeks expat support [Published Zawya.com - Aug 28 2014]
UAE to provide Egypt with loan to purchase petr... [Published Egypt Independent - Aug 27 2014]
Suez Canal investment certificates issued withi... [Published Daily Star Egypt - Aug 26 2014]
Central bank governor says Suez Canal certifica... [Published Arab Finance - Aug 26 2014]
Tahya Masr donations yet to exceed EGP 5bn: Fun... [Published Daily Star Egypt - Aug 25 2014]
INTERVIEW-Egypt to issue Suez Canal debt certif... [Published Zawya.com - Aug 24 2014]
Banque du Caire opens new branches for micro en... [Published Mubasher - Aug 22 2014]
MICROCAPITAL BRIEF: European Bank for Reconstru... [Published MicroCapital - Aug 21 2014]
Local bank syndication arranges USD 25mn loan f... [Published 4 Traders - Aug 20 2014]
Annual interest rate of 12 percent for Egypt's ... [Published Mbendi - Aug 19 2014]
No limit on new Suez Canal certificates: M.Fina... [Published Nile International - Aug 19 2014]
Suez Canal Certificates set to cover most of, a... [Published Arab Finance - Aug 19 2014]
TE to connect Banque du Caire branches using fi... [Published Mubasher - Aug 17 2014]
CAIRE : Egyptians to Get Annual Interest Rate o... [Published 4 Traders - Aug 16 2014]
Egypt on right path as foreigners eye T-bills [Published Saudi Gazette - Aug 13 2014]
National Bank of Egypt, Banque du Caire, and Ba... [Published Street Sweeper - Jul 26 2014]
National Bank of Egypt, Banque du Caire, and Ba... [Published Daily Star Egypt - Jul 26 2014]
Fact Sheet for Export Development Bank of Egypt... [Published Able2Act - Feb 19 2008]
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MICROCAPITAL BRIEF: European Bank for Reconstru... [Published MicroCapital - Aug 21 2014]
The European Bank for Reconstruction and Development (EBRD), a multilateral institution headquartered in London, is considering setting up a senior unsecured credit facility in the amount of USD 150 million for banks in Jordan for on-lending to micro-, ...
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