Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
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National Bank of Egypt (NBE)
National Bank of Egypt launches 25% annual yield saving certificates
The National Bank of Egypt (NBE), the country’s largest public lender, has issued a one-year savings certificate…
National Bank of Egypt aims for 30% growth in 2023
Egypt’s largest state-run lender, National Bank of Egypt (NBE) is aiming for growth of 30 percent in 2023, its vice…
SMEs portfolio at Egypt’s NBE hits EGP 140bn
The National Bank of Egypt (NBE) has raised 140 billion Egyptian pounds in the Small and Medium Enterprises (SME)…
ABK-Egypt Bank joins Instant Payment Network ‘InstaPay’
Egypt’s Al Ahli Bank of Kuwait (ABK) has joined the InstaPay mobile application, which allow clients to process…
Egypt’s pound falls to EGP 24.65 against dollar in some banks
Egypt’s pound currency fell to EGP 24.59 against the U.S. dollar for buying and EGP 24.54 for sale at banks on…
National Bank of Egypt says H1 net profit at EGP 14.103 billion
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Wednesday net profit of 14.103…
AFD signs €150 million loan deal with Egypt’s NBE, Banque Misr, Banque du Caire
The French Development Agency (AFD) announced on Saturday the signing of loan and grant agreements totalling €150…
Egypt state banks to sign MSME climate financing deals with AFD, EU at COP27
Egypt's three biggest state-owned banks will sign on Thursday at the UN climate summit COP27 a joint agreement with…
Egypt’s NBE says new high-yield CDs raise 12 bln pounds in 3 days
The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding…
