Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
The International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to…
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Hazem Hegazy
Al Baraka Bank Egypt names Hazem Hegazy as CEO
Al Baraka Bank Egypt, part of Bahraini Islamic lender Al Baraka Group, said on Tuesday its board had chosen Hazem…
Egyptian banks becoming more supportive of SMEs – official
Banks in Egypt have become more supportive in financing small and medium-sized businesses, said head of retail…
Egypt’s NBE bank: new high-yield deposit certificates attract 61,000 new clients
The National Bank of Egypt’s high-yielding certificates of deposits, launched following Nov.3 currency floatation,…
National Bank of Egypt relaxes limits on card usage abroad: paper
Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) relaxed on Saturday its bank card purchase…
National Bank of Egypt braces for four-year plan to boost SME financing
National Bank of Egypt (NBE) plans to raise its finances for national small and medium-sized projects to around 70…
National Bank of Egypt strikes deal to support 10th of Ramadan SMEs
Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Thursday a cooperation protocol with the…
National Bank of Egypt to build 72 SME centres in Cairo, Alexandria
National Bank of Egypt (NBE), the country’s biggest public lender, plans to establish 72 centres for small and…
National Bank of Egypt targets deposits of $67.6 bln by year-end
National Bank of Egypt (NBE), the country’s biggest public lender, seeks to raise its deposits to 600 billion…
Egypt’s National Bank targets $4.2 bln SME financing in FY2016-17
Egypt’s biggest public lender, National Bank of Egypt (NBE) plans to boost its small and medium-sized finances to…
Barclays opens New Branches in two of Egypt’s Major Malls
Barclays PLC has inaugurated on Monday new branches in Egypt, located for the first time in malls. The two new…
Barclays Egypt Plans EGP800 million Personal Finances in 2015
Barclays Bank Plc is planning to increase its personal finance activities in Egypt throughout 2015. In this…
Egypt: 140 Central Bank, State-owned Banks’ Officials Recently Resign
In Egypt, around 140 officials of the central bank and other major state-owned banks; National Bank of Egypt,…
NBE Eyes EGP35bln Personal Loans by FY14/15
The National Bank of Egypt (NBE) targets achieving EGP35 billion personal loans by the end of the current fiscal…
C.Bank Mulls New Applications for Mobile Payment Service
It seems that Money Transfer Via Mobile Phone did not achieve the expected results since it applied in 2013 and…
NBE’s Personal Loans up EGP25 bln, EGP335 bln Deposits at March-End
The total customers’ deposit portfolio of the National Bank of Egypt (NBE) reached up EGP335 billion at the end of…
NBE : Auto loans Portfolio Exceeds EGP550 mln in Feb-End
National Bank of Egypt’s auto loans exceeded EGP550 million at the end of last February. Karim Sous – Head of…
NBE: EGP330 bln Customers’ Deposits, EGP23.7bln Retail Loans in 2013-End
Head of retail banking and branches for NBE, Hazem Hegazy revealed that the customers’ deposit portfolios…
NBE to Issue ‘Remittance Cards’ to Ease Stress on Branches
Hazem Hegazy, GM-Retail Banking Group Head at National Bank of Egypt (NBE), has revealed that his bank is aiming to…
NBE Urges CBE to Add Money Transfer Service for Egyptians Abroad
Hazem Hegazy, GM-Retail Banking Group Head at National Bank of Egypt (NBE), has revealed that NBE is calling the…
NBE Eyes to Open 21 New Branches By End Of FY/13
Hazem Hegazy, Head of Retail Banking and Branches of the National Bank of Egypt (NBE), has revealed that his bank…
NBE Says Employees Back to Work in Nuweiba After Gunmen’s Attack
Hazem Hegazy, Head of Retail Banking and Branches of the National Bank of Egypt (NBE), said the employees who have…
NBE Says Blaze Did Not Affect Sphinx Branch
Hazem Hegazy, GM-Retail Banking Group Head at National Bank of Egypt (NBE), said the branch of sphinx square did…
NBE’s Retail Loans Hit EGP 20 Bln In 2012
The National Bank of Egypt’s (NBE) retail loan portfolio registered EGP 20 billion at the end of 2012, compared to…
NBE To Launch Pre-Paid Cards Service Next March
The National Bank of Egypt (NBE) will launch “Pre-Paid Cards” service next March which will enable customers to pay…
NBE Closes Its 6 Branches In Port Said
The National Bank of Egypt (NBE) closed its 6 branches in Port Said for the second consecutive day after violence…
NBE Launches 7 New Branches This Year
The National Bank of Egypt (NBE) plans to launch seven new branches, increasing its network of branches to 266…
NBE Disburses 104,000 Yellow Remittances Worth EGP 382 Mln
The National Bank of Egypt (NBE) has disbursed 104,000 yellow remittances worth EGP 382 million in the second month…
Stillness Prevails In Banks On First Day of Presidential Elections
A state of stillness and anticipation prevailed over the banks’ branches as there were no customers and civil…
NBE Awarded “Best Retail Bank In Africa”
The National Bank of Egypt (NBE) received the “Best Retail Bank Award” in Africa by the Asian Banker. The…
NBE’s Car Loans Portfolio Rises To EGP 200 Mln In March
Despite the political turmoil and its repercussions on Egypt's economy, National Bank of Egypt (NBE)'s car loans…
NBE’s Retail Banking Portfolio Posts EGP 18.7 Bln Last March
National Bank of Egypt (NBE)’s retail banking portfolio rose by EGP 200 million, registering EGP 18.7 billion at…
NBE Disbursed EGP 183 Mln Yellow Remittances
The National Bank of Egypt (NBE), the bank in the country with the major market share in the nation's banking…
CBE discusses disbursing US$ 408 m yellow remittances
Central Bank of Egypt (CBE) is holding a meeting today with banks participating in disbursing the value of yellow…
NBE opens a new branch in El Tagamu El Khames this month
National Bank of Egypt (NBE) plans to establish a branch in El Tagamu El Khames this month; by this the Bank will…