NBE Offers Al-Ahram Institution EGP 150 Mln Loan

The National Bank of Egypt (NBE) has granted Al-Ahram Institution a loan worth EGP 150 million, sources told Amwal Al Ghad.

The loan will be used to finance modernizing the printing machines of the institution, sources added.

The bank has offered Al-Ahram loans of more than EGP 300 million in the last period. NBE have been conducting deals with Al-Ahram since 1980s.