ABK-Egypt staff volunteer in medical convoys for children in Al-Beheira    Al-Manfaz Initiative distributes 20,000 school bags to support education    China eyes $284 billion of sovereign debt this year to boost economy    URGENT: US announces fresh Russia- and cyber-related sanctions – statement    Egypt's Al-Mashat urges private sector financing for clean energy    EBRD prospects: Manufacturing, tourism to drive Morocco growth in '24    Egypt's Endowments Ministry allocates EGP50m in interest-free loans    Egypt aims to deepen financial ties with China, attract investment: Kouchouk    Egypt, Jordan, Iraq FMs condemn Israeli actions in Lebanon, Gaza call for international intervention    Israeli occupation intensifies raids on northern Gaza    CCCPA Director highlights Aswan Forum's takeaways, climate change initiative at Summit for the Future    Energy investment gap hinders progress in Global South, Egypt's Al-Mashat warns    Islamic Arts Biennale returns: Over 30 global institutions join for expansive second edition    Taiwan lifts restrictions on Fukushima food    EU provides €1.2m aid to Typhoon-hit Myanmar    Mazaya Developments expands regional operation with new branch in Saudi Arabia    Egypt chairs for the second year in a row the UN Friends Alliance to eliminate hepatitis c    President Al-Sisi reviews South Sinai development strategy, including 'Great Transfiguration' project    Egypt Healthcare Authority, Roche forge strategic partnership to enhance cancer care, eye disease treatment    Kabaddi: Ancient Indian sport gaining popularity in Egypt    Spanish puppet group performs 'Error 404' show at Alexandria Theatre Festival    Ecuador's drought forces further power cuts    Al-Sisi orders sports system overhaul after Paris Olympics    Basketball Africa League Future Pros returns for 2nd season    Culture Minister directs opening of "Islamic Pottery Museum" to the public on 15 October    Egypt joins Africa's FEDA    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Egypt's FM, Kenya's PM discuss strengthening bilateral ties, shared interests    Paris Olympics opening draws record viewers    Former Egyptian Intelligence Chief El-Tohamy Dies at 77    Who leads the economic portfolios in Egypt's new Cabinet?    Financial literacy becomes extremely important – EGX official    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Barclays Egypt to boost Corporate Portfolio to EGP5 billion at 2015-end
Islam Salah Mohamed Hamdy Published in Amwal Al Ghad on 22 - 04 - 2015

Barclays intends to boost its corporate portfolio in Egypt to 5 billion Egyptian pounds (US$655.25 million) by the end of 2015, chief of staff Shady Kamal said.
The bank's corporate portfolio reached 3 billion pounds by the end of 2014.
The banking official further referred that Barclays Egypt's portfolio for the small and medium-sized enterprises (SMEs) projects stood at 600 million pounds by 2014-end amid plans to increase it to 700 million pounds late 2015.
Moreover, Barclays Egypt has growth plans for its retail loan portfolio to become 2.6 bilion pounds at 2015-end, from 2 billion pounds at 2014-end, Kamal noted.
The banking official concluded by saying that Barclays Egypt is keen to finance developmental projects in the country, notably in sectors of oil, electricity and petrochemicals.

Clic here to read the story from its source.