Latest in Tag: BNP Paribas Highlight
Latest in Tag: BNP Paribas

BNP Paribas lowers its forecast for expected value of IMF loan to Egypt
The bank said in a report issued Wednesday, that it lowered its forecast for the value of the loan to between $3bn and $5bn instead of $10bn in a previous forecast.

BNP Paribas expects Egypt to raise interest rates by 200 bps
CBE says monetary policy meeting to be held on 19 May as usual

Extending maturities of Egyptian debt instruments is helpful to enter global bond indexes: Citi Country Officer
Egyptian government is on the right track, says Abdel Kader

Gradual monetary easing expected to continue in 2018: BNP Paribas
Currency appreciation in short term would be beneficial to maintaining country’s attractiveness to international investors

Raising maximum wages would solve lack of efficiency in Egypt: senior banker at BNP Paribas
The second session of the Hapi Investment Conference discussed the restructuring of state agencies. Youssef Beshay, senior banker at BNP Paribas, said that investing in oil drilling depends on the price of oil and the magnitude of petroleum discoveries. Beshay pointed out that new laws will have a positive effect in the long run, noting …

Deutsche Bank, BNP Paribas, Intesa Sanpaolo, Standard Chartered to arrange issuance of eurobonds this FY: El-Garhy
Minister of Finance Amr El-Garhy announced, in a press statement on Monday, that four European banks were selected to promote and arrange the issuance of euro-dominated bonds this fiscal year (FY), adding that these banks are Deutsche Bank, BNP Paribas, Intesa Sanpaolo, and Standard Chartered. These banks are to issue euro-denominated bonds worth between €1bn …

BNP Paribas arranges €98.5m loan to EETC
Loan will be used to finance the construction of the Samannoud and Abu Al Matamir transformer substations

Positive outlook for Egypt economy as reform plans pay off: BNP Paribas
Ongoing monetary and fiscal reforms have put the economy on the right track

First goals of Egypt economy reform plan have been met, says BNP Paribas
A research note expects 2017 to be a transition year for the local economy

Egypt’s economy shows signs of vigour: BNP Paribas
Inflation isn’t the only reason behind the soaring inflation

Egypt not expected to issue dollar bonds before 2018: BNP Paribas
Minister of Finance told CBC on Saturday that Egypt is considering launching bonds worth $1.5-$2bn within weeks

Global economies and political conditions: fluctuations and expected improvements
MENA’s geopolitical tensions remain high, according to BNP Paribas’ outlook

EGP 1bn retail banking portfolio at the end of December 2014: Emirates NBD
The bank’s figures show a total of EGP 18bn in total customer deposits by end of 2014 and EGP 2.4bn total financing for SMEs

BNP Paribas Wealth Management wins private bank awards for Europe, North Asia
Awards confirm their position as a “reference private bank”, say Wealth Management co-CEOs

Mobinil launches money transfer service
In coordination with BNP Paribas, Mobinil starts MobiCash service

NBE, Banque Misr dump foreign assets
Arab investors nevertheless label Egyptian banking sector ‘promising’

Egypt’s Central Bank agrees to sell both BNP Paribas and NSGB
The Central Bank of Egypt (CBE) agreed to plans discussed last week to sell both BNP Paribas and National Société Générale Bank (NSGB)
ENBD to acquire BNP Paribas Egypt for $500 million
Gulf investors show interest in the Egyptian market despite political turmoil
French BNP Paribas to grow Mideast revenues
By Mirna Sleiman / Reuters DUBAI: French lender BNP Paribas expects to grow its revenues from the oil-rich Gulf region this year despite a slight impact on its business as a result of the Arab Spring, the bank’s Middle East head told Reuters in an interview on Tuesday. “Globally, the bank had good 2011 results and …