NBE’s Personal Loans up EGP25 bln, EGP335 bln Deposits at March-End
The total customers’ deposit portfolio of the National Bank of Egypt (NBE) reached up EGP335 billion at the end of…
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NBE Mulls EGP500 million Financing Package for Contracting Firms
The state-owned National Bank of Egypt is considering an EGP500 million ($71.7 million) package of credit…
NBE Considers Financing 49 New Clients with EGP2.2b- Sherif Riad
The National Bank of Egypt (NBE) is considering financing around 49 new clients with EGP2.2billion total facilities…
National Bank of Egypt Secures EGP3 bln for CBE Housing Initiative
The state-owned National Bank of Egypt (NBE) decided to participate in the Central Bank’s (CBE) mortgage finance…
NBE’s Contribution for SMEs Hit EGP10.6 billion at February-end
State-owned National Bank of Egypt (NBE)’s total lending for the small and medium-sized sector hit EGP10.6 billion…
Majid Al Futtaim Disburses 1st Tranche of US$500mn Egypt Loan
Dubai-based developer Majid al Futtaim (MAF) announced on Thursday the disbursal of EGP170 million, worth of the…
NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
The National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7…
3 Banks to Arrange US$150m Finance for Abu Qir Fertilizers and Chemicals Co
The alliance between the National Bank of Egypt (NBE) the Commercial International Bank (CIB) and QNB Al Ahli…
EBRD Lends $50mn to National Bank of Egypt to Support Int’l Trade
The European Bank for Reconstruction and Development (EBRD) signed on Wednesday two agreements to provide a US$50…
Profits Rise 8% at Egypt’s Largest Bank
Egypt's largest bank saw an eight percent rise in its net income in the fiscal year 2012/13 compared to the year…