Credit facilities for 100 largest bank clients increase to EGP 603bn: CBE
The Central Bank of Egypt (CBE) has revealed that the credit facilities granted to the largest 100 borrowers in the public and private business sectors amounted to about EGP 603bn…
Proposal to provide mortgage for under-construction units stimulates local market, but needs CBE support
Egypt’s Financial Regulatory Authority (FRA) held a meeting last week of the Mortgage Finance Advisory Committee to discuss proposals for developing the mortgage finance system, overcoming any obstacles facing it,…