Remco, Banque Misr agree on debt reschedule

Cairo - Mubasher: Remco for Tourism Villages Construction announced on Wednesday that it has reached an agreement with Banque Misr to reschedule loan repayment installments due in 2016, without charging interest for rescheduling.

The company negated the news that it has reached rescheduling agreements with three banks, clarifying that the agreement is regarding Banque Misr loan only, with no similar agreements made with Misr Iran or Bank of Alexandria, according to a bourse filing.

Mubasher Contribution Time: 07-Sep-2016 19:29 (GMT)
Mubasher Last Update Time: 07-Sep-2016 19:29 (GMT)