Bank Audi Considers Contributing EGP 200 Mln To MAF Loan
Bank Audi Egypt plans to contribute EGP 200 million to the EGP 3 billion loan arranged by the National Bank of…
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National Bank of Egypt
Hesham Kandil To Name New Chairman For NBE In Two Days
The Egyptian Prime Minister Hesham Kandil will approve the appointment of a new chairman for the National Bank of…
Fitch Downgrades CIB, NBE To ‘B’; Outlook Negative
Fitch Ratings has downgraded the Long-term foreign currency Issuer Default Ratings (IDR) of National Bank of Egypt…
NBE Raises Return On Platinum Savings Certificate To 12.5%
The National Bank of Egypt (NBE) has raised returns on its three-year platinum savings certificates from 10.5% to…
Dollar Falls To EGP6.73 Amid Expectations To Replace FX Auctions Mechanism: NBE
As Hisham Ramez has officially become the new Governor of Egyptian Central Bank, the U.S. dollar has dropped…
Exclusive: Banks’ Contributions To Port Said Steel Loan
The National Bank of Egypt (NBE), National Société Générale Bank (NSGB), Commercial International Bank (CIB)…
Hesham Kandil Accepts Tarek Amer’s Resignation
The Egyptian Prime Minister Hesham Kandil announced yesterday that the Cabinet accepted the resignation of the…
EGPC Grants Local Banks Extension Till Mid-Feb To Present Funding Offers
The Egyptian General Petroleum Corporation (EGPC) has not received any offers from the National Bank of Egypt…
NBE’s Retail Loans Hit EGP 20 Bln In 2012
The National Bank of Egypt’s (NBE) retail loan portfolio registered EGP 20 billion at the end of 2012, compared to…
NBE To Launch Pre-Paid Cards Service Next March
The National Bank of Egypt (NBE) will launch “Pre-Paid Cards” service next March which will enable customers to pay…
