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Egypt

Fitch confirms Afreximbank’s BBB- credit rating

The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook. The agency also affirmed the Bank's Short-Term IDR at 'F3' and senior unsecured debt at 'BBB-'....

#bank#guarantees#management

Egypt launches TSFE sub-fund for financial services, digital transformation

Egypt's Minister of Planning and Economic Development Hala El-Said has issued a decree to establish the Egypt sub-fund for financial…

#bank#digital#financial services


GCR affirms Afreximbank’s A- rating

The African Export-Import Bank (Afreximbank), Africa’s... (more…)

#bank#international#management


Afreximbank delivers solid performance in H1 2020

African Export-Import Bank (Afreximbank) today released its unaudited financial... (more…)

#African Development Bank#bank#interest rates


Afreximbank wins two EMEA best structured finance awards

The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for... (more…)

#awards#bank#guarantee


Afreximbank shows continued strong performance in 2019

The African Export-Import Bank (Afreximbank) today in Cairo released its audited financial showing strong and... (more…)

#bank#Benedict Oramah#COVID-19


Shareholders invest half a billion US$ in new equity...

The African Export-Import Bank (Afreximbank) announces that existing shareholders, including the... (more…)

#bank#Benedict Oramah#investment


Banque Misr plans to provide factoring services

The Egyptian lender is in talks with the Saudi Arabian Monetary Authority... (more…)

#Banque Misr


Afreximbank says export risk guarantee body will boost Egypt’s...

Egypt’s decision to establish an export risk guarantee company will give a major boost to the country’s role as a...…

#bank#credit risk#financial services


Egyptian FRA to take measures to facilitate technology in...

The Financial Regulatory Authority (FRA) is studying international experiences on the development of legal frameworks that facilitate electronic services for…

#exports#financial services#guarantees


Egyptian MTI plans to merge e-payment platforms and develop...

M Group for Industry and International Trade (MTI) plans to merge its e-payment platforms... (more…)

#microfinance


Afreximbank releases audited 2018 financial statements, shows strong performance

The African Export-Import Bank (Afreximbank) has released its abridged audited financial statements for the year ended 31 December 2018, showing…

#bank#Benedict Oramah#leadership

Egyptian businesses feel confident on market dynamics

At least three quarter (75%) of businesses in Egypt are optimistic... (more…)

#bank#emerging markets#exports

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