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…
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National Bank of Egypt
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…
NBE Receives 3rd Tranche For Industrial Pollution Control Next May
The National Bank of Egypt (NBE) targets to sign the third tranche agreements of the Industrial pollution control…
S&P Cuts 3 Egyptian Banks To ‘B-/C’ After Sovereign Action
The rating actions on NBE, BM, and CIB follow our lowering of the long-term ratings on the Arab Republic of Egypt…
NBE In Talks With World Bank, European Banks To Borrow US$ 200 Mln
The National Bank of Egypt (NBE) currently conducts negotiations with the World Bank and European banks to receive…