NBE, Banque Misr: high-yield deposit certificates raise 445bn pounds in 8 months
Egypt’s two biggest state-owned banks, the National Bank of Egypt and Banque Misr have received around 445 billion…
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National Bank of Egypt
National Bank of Egypt NPLs hit 8 bln pounds
Egypt’s biggest lender, the state-owned National Bank of Egypt says its non-performing loans (NPLs) had risen to 8…
NBE bank earmarks 300m Egyptian pounds for scientific research, scholarships
Egypt’s biggest lender, the state-owned National Bank of Egypt has signed Thursday a cooperation protocol to put…
Al-Ahly wins mandates for two financial portfolios of 400mn Egyptian pounds
The investment arm of Egypt’s biggest state lender National Bank of Egypt, National Fund Management Company…
Egyptian Electricity Holding to sign multi-billion pound loan deal this week
The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion…
National Bank of Egypt loans ACC 231M pounds for a coal mill
Egypt's Arabian Cement Company (ACC) received Tuesday a seven-year loan worth 231 million Egyptian pounds from…
Banque Misr, NBE say “new certificates at high interest rates just rumors”
Yahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates at high…
National Bank of Egypt wants to boost SME financing by 20% this year
Egypt’s biggest lender, the state-owned National Bank of Egypt is seeking to increase funding for the country’s…
National Bank of Egypt FY17 net profit hit 12 bln pounds: source
Egypt’s biggest public lender, National Bank of Egypt has made a net profit exceeded 12 billion Egyptian pounds…
5 Egyptian public banks approve new funding for micro-sized project initiative
Five Egyptian state-run banks have approved a financing worth 3.09 billion Egyptian pounds ($172.8 million) for…
