Banking Consortium

  • Banking Consortium Offers EGP 10B Loan to EGPC

    Banking Consortium Offers EGP 10B Loan to EGPC

    Thursday, 22nd November 2018

    A banking consortium of six banks have offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity.

  • International Banking Consortium Lends EGPC $1B

    International Banking Consortium Lends EGPC $1B

    Wednesday, 17th October 2018

    The Egyptian General Petroleum Corporation (EGPC) has signed the final contract for a $1 billion loan with a consortium consisting of 13 international and Arab financial institutions.

  • HSBC-led Consortium Issues $1B Loan for Petroleum Export Limited

    HSBC-led Consortium Issues $1B Loan for Petroleum Export Limited

    Monday, 8th October 2018

    HSBC-led consortium of international and Gulf banks will provide a $1 billion loan for Petroleum Export Limited, which is a subsidiary of the Egyptian General Petroleum Corporation (EGPC).