Egypt’s Financial Regulator Receives QNB’s Tender Offer To Buy 100% Of NSGB Shares
Egypt’s financial regulator – the Egyptian Financial Supervisory Authority (EFSA) announced that an obligatory…
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NSGB
Egypt’s Central Bank Agrees To Sell Both BNP Paribas And NSGB
An official involved in the BNP Paribas deal stated that the CBE had agreed in a meeting with its Board of…
Exclusive: Banks’ Contributions To Port Said Steel Loan
The National Bank of Egypt (NBE), National Société Générale Bank (NSGB), Commercial International Bank (CIB)…
EGX Losses EGP 4.7 Bln, Benchmark Falls 1.45% In Week
The Egyptian Exchange has managed to post losses of EGP 4.76 billion in week amid witnessing rising tide of…
QNB Gets CBE’s Approval On NSGB Acquisition
The Central Bank of Egypt (CBE) has approved Qatar National Bank (QNB)’s request to acquire the National Société…
Mobinil Loan Arrangers To Send Info Memo To Banks Next Month
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
Banks Close Branches In Tahrir, Others Open Side Doors In Qasr Al-Aini
As banks closed its branches and just replenished ATMs in Suez Canal governorates because of the violent clashes in…
NBE To Contribute EGP 300 Mln To National Port Said Steel Loan
The National Bank of Egypt (NBE) plans to contribute EGP 300 million to the EGP 1.1 billion loan it arranges with…
National Port Said Steel To Secure EGP 1.1 Bln Loan From 4 Banks
The National Port Said Steel Company (NPSS) is seeking a long-term finance worth EGP 1.1 billion from a consortium…
NSGB, BNP Acquisition Deals Prove Egypt’s Market Still Lures Investments: El-Dib
Mohamed El-Dib, chairman of National Société Générale Bank (NSGB), expected the current economic crisis to end…
