National Bank for Development

The National Bank for Development has changed its name to Abu Dhabi Islamic Bank – Egypt on April 3rd, 2013. The…

The National Bank for Development (NBD) has closed its main branch nearby to Simon Bolivar Square today because of…

The Arab Orient Takaful Insurance Company (AOTIC) signed a contract to insure the National Bank for Development…

As part of its leading role in the Egyptian Islamic Banking Sector, the National Bank for Development (NBD)…

The National Bank for Development (NBD), Bank Audi Egypt and Banque Misr, arranging an EGP 688 million loan for the…

The National Bank for Development (NBD), Banque Misr, Egyptian Gulf Bank, Al Baraka Islamic Bank of Egypt, Bank…

In a step that confirms its leadership in the banking sector, for the 3rd consecutive year the National Bank for…

The National Bank for Development (NBD) decided to delay the signing of the protocol of the first Islamic…

The Egyptian Company for Potash and Chemical Industries has delayed receiving the EGP 688 million Islamic…

Egypt’s National Bank for Development (NBD) (DEVE), in cooperation with Abu Dhabi Islamic Bank Group has signed up…

The National Bank for Development’s (NBD) retail loans witnessed an increase of EGP 299 million (14.6%),…

The National Bank for Development’s (NBD) Islamic finances (after deducting impairment losses) rose by EGP 724.4…

A number of bankers said that some banks have taken procedures to reduce interest rates on savings certificates as…

The Arab Orient Takaful Insurance Company achieved profit of EGP 4 million in FY 2011/2012, said Mohamed Moustafa…

Beltone Financial (BTFH.CA) targets raising the total volume of its current assets to EGP 32 billion by the end of…

The National Bank for Development (NBD) is set to launch Abu Dhabi Islamic Investment Company (ADI Capital) in…

The National Bank for Development (NBD) considers providing sharia-compliant credit facilities amounting to EGP 200…

The Board of Directors of the East Delta Electricity Production Company will meet next Monday to approve the…

The National Bank for Development (NBD) arranged the average-term syndicated loan amounting to EGP 620 million for…

Banque Misr approved to contribute EGP 200 million to the Islamic syndicated loan amounting to EGP 720 million (US$…

About eleven banks have given initial approvals to contribute up to 150% to the Islamic syndicated loan amounting…

Three banks have initially approved to cover from 70% to 75% of the Islamic finance amounting to US$ 120 million…

Nevine Loutfy has been the Chief Executive Officer and Managing Director of The National Bank For Development (NBD)…

The National Bank for Development (NBD) acquired a leading rank in car lending sector, thanks to the increasing…

The National Bank for Development’s (NBD) consolidated results posted a post-tax net loss of EGP 179.427 million in…

Al Watany Bank of Egypt (AWB) considers contributing to the sharia-compliant syndicated loan worth EGP 1.2 billion…

Banque Misr has joined the consortium encompassing National Bank for Development (NBD) and Bank Audi which arranges…

The National Bank for Development (NBD), Bank Audi and Banque Misr are currently inviting other banks to contribute…

Société Arabe Internationale de Banque (SAIB) will be contributing with Banque Misr, Bank Audi and National Bank…

Bank Audi and the National Bank for Development (NBD) will invite other banks to contribute to the EGP 688 million…

The United Bank has given a preliminary approval to contribute to the loan worth US$ 120 million arranged by the…

Al Baraka Bank, Faisal Islamic Bank, United Bank, Bank Audi and Banque Misr are among 10 banks that approved to…

A consortium led by National Bank for Development (NBD), Bank Audi and Banque Misr finalized the memorandum of…

The National Bank for Development (NBD) has started the marketing campaign for the US$ 120 million loan offered to…

National Bank for Development (NBD) has signed last week the syndicated loan agreement targeted for East Delta…

Banque Misr and Bank Audi, lead arrangers of the EGP 900 million Sharia-compliant loan offered to Egyptians Factory…

The National Bank for Development (NBD) and Bank Audi have announced that they won their bid to act as a joint lead…

A consortium of National Bank for Development (NBD) and Bank Audi has finalized signing the second Islamic…

A consortium led by National Bank for Development, Bank Audi, Banque Misr and Arab Banking Corporation are set to…

National Bank for Development (NBD) declared a preliminary approval to participate in the EGP 120 million…