Egypt's Banque Misr seeks to borrow $550M before end-2018

CAIRO - 11 November 2018: Banque Misr is seeking to borrow $550 million from foreign lenders before the year’s end to improve dollar liquidity, the vice chairman of Egypt’s second largest bank said on Sunday.

Citi Bank and Emirates NBD will be arranging the loan, Akef ElMaghraby told Reuters.