Banks Al-Ahly’s AUMs seen drop to 10 bln Egyptian pounds by year-end Yomna Yasser Jul 20, 2016 0 The investment arm of Egypt’s biggest state lender National Bank of Egypt, National Fund Management Company…
Banks National Bank of Egypt signs $100 mln with SUMED Yomna Yasser Jul 20, 2016 0 Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Wednesday a $100 million loan with Arab…
Banks Four banks mull $78.8 mln financing for Egyptian property project Yomna Yasser Jul 14, 2016 0 Four Egyptian banks are considering a multi-million Egyptian pounds finance in favour of a property project in one…
Banks AfDB, Egypt’s National Bank brace for new strategy to support agriculture sector Yomna Yasser Jul 13, 2016 0 The African Development Bank (AfDB) Group is preparing for a new strategy to support Egypt’s agriculture sector…
Banks National Bank of Egypt negotiating SFD for new SME finance scheme Yomna Yasser Jul 12, 2016 0 The National Bank of Egypt, the country’s biggest public lender, says plans to secure a new financing package worth…
Banks Two banking consortia to offer Egypt’s Medinet Nasr $168.8 mln loan in days Yomna Yasser Jul 11, 2016 0 Egyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to…
Banks National Bank of Egypt bets on giant national projects Yomna Yasser Jul 11, 2016 0 The capital base of Egypt’s biggest public lender, National Bank of Egypt (NBE) currently exceeds 32 billion…
Banks INTERVIEW: Deposits in Egypt’s NBE surpass $62 bln Yomna Yasser Jul 3, 2016 0 Deposits in the National Bank of Egypt (NBE), Egypt’s biggest public lender, are worth more than 550 billion…
Banks National Bank of Egypt raises interest rates after central bank hike Yomna Yasser Jun 20, 2016 0 The National Bank of Egypt (NBE), the country’s largest public lender, approved to raise the interest rate by 1…
Banks National Bank of Egypt plans major cut in bad loans by FY2016/17 Yomna Yasser Jun 14, 2016 0 The National Bank of Egypt (NBE), the country’s largest public lender, plans to reduce its non-performing loans to…