Fitch Upgrades Two Egyptian Banks Rating to ‘B’
Fitch Ratings has upgraded the Long-term Issuer Default Ratings (IDR) of the National Bank of Egypt, largest…
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National Bank of Egypt
National Bank of Egypt, EIB ink €70mn Third Pollution Abatement Project
The National Bank of Egypt (NBE) and the European Investment Bank (EIB) have signed today a €70 million new loan…
Egypt Premier Mahlab Attends Signing of Third Pollution Abatement Project
The third phase of the Egyptian Pollution Abatement Project (EPAP III) agreement has been signed today in the…
NBE Renews EGP2.6bn Credit Facilities for Egypt’s Cotton, Sugar Sectors
The National Bank of Egypt (NBE) announced it has renewed its EGP 2.6 billion (US$363.5 million) credit facilities…
EBRD Inks Two Loans with Egypt’s Biggest Bank to Support Women, Energy Efficiency
The European Bank for Reconstruction and Development is partnering with National Bank of Egypt (NBE) to introduce…
National Bank of Egypt Settles EGP700mn Default Loans for 5 Clients
The National Bank of Egypt (NBE) has recently concluded agreements with a number of distressed clients, to settle…
ABA, National Bank of Egypt Negotiate over EGP20mn Finance for Micro Projects
Alexandria Businessmen Association (ABA) is seeking to obtain finance stimulus from the National Bank of Egypt…
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,…
Egypt’s Biggest Lender Mulls Financing Majid Futtaim’s Upcoming Expansions
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is studying funding UAE Majid Al-Futtaim’s…
Vodafone Egypt to Impose 1% Fees on Vodafone Cash Services by December
Vodafone Egypt starts to impose new fees on Vodafone cash services by 1% from the beginning of the next month which…
