Dollar Hits EGP 6.56 On Central Bank’s 9th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Sunday, the ninth such sale since it introduced…
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National Bank of Egypt
NBE’s SME Loan Portfolio Hit EGP 10.3 Bln At End Of 2012
The National Bank of Egypt’s (NBE) SME direct and indirect finances registered EGP 8.9 billion and EGP 1.4 billion…
Dollar Hits EGP 6.54 On CBE’s 8th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it…
NBE Postpones Tourism Customers’ Debt Payments
The National Bank of Egypt (NBE) has deferred the debt payments of customers in the tourism sector who owe EGP 3…
NBE Starts Offering Musharaka Finance For SMEs
The National Bank of Egypt (NBE) will begin offering Musharaka finance for small and medium enterprises (SMEs)…
Egypt’s Cabinet To Appoint New Banks’ Leaders Soon: Sources
Banking sources revealed that Egypt’s cabinet will change a number of leaders of state-owned banks such as the…
NBE Offers EGP 60 Mln Credit Facilities To 3 Road Construction Companies
The National Bank of Egypt (NBE) approved to offer credit facilities worth EGP 60 million to bail out three…
Tarek Amer: FX Auctions To Give More Freedom To Egyptian Pound Pricing
Tarek Amer, Chairman of National Bank of Egypt (NBE) and President of Egypt Banks Union, has commended the new…
National Bank Of Egypt Offers Hotels EGP 200 Mln Credit Facilities
The National Bank of Egypt (NBE) targets to offer credit facilities worth EGP 200 million to a number of hotels in…
Banks Sold Egyptian Dollar CDs Worth US$ 160 Mln In 7 Months
The yield on Egyptian dollar certificate of deposit launched by the National Bank of Egypt, Banque Misr, National…
