EUROPE/MIDDLE EAST/AFRICA

摘要

Banque misr, Egypt's second-largest state lender, is close to mandating banks to arrange a dollar-denominated syndicated loan. The bank is looking to raise around US$300m with a three-year maturity and has sought feedback from banks by the end of June. National bank of egypt, the biggest state-owned bank, is already in the process of arranging a US$390m 37-month syndicated loan. Egyptian banks are lining up to raise more dollar funds to fill a gap that has revived a black market in Cairo and pushed up inflation, putting economic recovery at risk.