Egypt Factors changes management

FIMBank appointed Marius Savin as Co-General Manager, together with Ahmed Shaheen he has the task of making Egypt Factors the leading factoring company of Egypt

The Export Credit Guarantee Company of Egypt

The Export Credit Guarantee Company of Egypt (ECGE), which began operations in September 1993, offers the first guarantee of payments for Egyptian exports produced either totally or partially within the country by either Egyptians or foreigners.

AfDB lends $200m to Egypt bank

The African Development Bank group (AfDB), the multilateral development finance agency for the African continent, has approved a loan totalling US$200m to the National Bank of Egypt to finance the government's small- and medium-sized enterprises