Egypt’s NBE bank says sold $500 mln to cover imports since pound float
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) has provided around $500 million to cover…
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Egypt’s NBE bank sold $220 mln in week to cover imports – v.chairman
Egypt’s biggest lender, the state-owned National Bank of Egypt, provided around $220 million to cover import…
NBE says new certificates of deposit brought in 42 bln Egyptian pounds
The National Bank of Egypt has received around 42 billion Egyptian pounds ($2.5 billion) from new certificates of…
Dollar calms against Egypt pound following IMF $12 billion bailout approval
US dollar trade calmed significantly against Egyptian pound in 19 banks during interbank dealings in Egypt on…
NBE, Banque Misr raise limits on card usage abroad
Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh said that the bank will raise the limit…
3 funding protocols signed for Egypt’s Al-Robeky, Mirghem mega projects
Egyptian Industry Ministry signs three cooperation protocols Sunday on providing a bunch of soft funding for…
National Bank of Egypt grants $90.1 million facility to a local contractor
The National Bank of Egypt, the country’s biggest state lender, has approved granting credit facilities worth 800…
NBE lowers foreign exchange cash limit for travelling customers
The National Bank of Egypt (NBE) decided to reduce the foreign exchange cash limit provided to travelling…
Fitch affirms NBE, CIB, Credit Agricole Egypt, ‘stable outlook’
Fitch Ratings has affirmed on Tuesday the Long-Term Issuer Default Ratings (IDRs) of National Bank of Egypt (NBE)…
National Bank of Egypt to sign EIB’s SME financing deal before month-end
The European Investment Bank (EIB) will sign a €400 million loan deal with the National Bank of Egypt before the…