National Bank of Egypt may delay tourism clients’ installments to 2018-end
Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) may delay collecting debts for clients operating…
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Yehia Abu El Fotouh
NBE: high-yield deposit certificates raise 130bn Egyptian pounds in one month
National Bank of Egypt's high-yielding certificates of deposit, launched when the central bank floated the pound a…
Egypt’s NBE bank: new high-yield deposit certificates raise 95 bln pounds
National Bank of Egypt's high-yielding certificates of deposit, launched when the central bank floated the pound…
Egypt’s Biggest Bank takes part in Funding First Monorail in the Country
Egypt’s biggest state-run bank, the National Bank of Egypt (NBE) has obtained initial approval to take part in…
NBE Renews EGP2.6bn Credit Facilities for Egypt’s Cotton, Sugar Sectors
The National Bank of Egypt (NBE) announced it has renewed its EGP 2.6 billion (US$363.5 million) credit facilities…
National Bank of Egypt Settles EGP700mn Default Loans for 5 Clients
The National Bank of Egypt (NBE) has recently concluded agreements with a number of distressed clients, to settle…
NBE Negotiates with Hurghada’s Tourist Client to Settle Debts worth EGP250mn
National Bank of Egypt (NBE) is currently negotiating with tourist client in Hurghada to settle debts worth EGP250…
NBE Renews EGP1.5bn Credit Facilities for Egypt’s Cotton Sector Next Month
The National Bank of Egypt (NBE) plans within next month to renew credit facilities worth EGP 1.5 billion for its…
ARCOSTEEL Pays off EGP220mn to National Bank of Egypt
The biggest debtor to Egypt's largest lender the National Bank of Egypt has paid off today EGP 220 million out of…
NBE Collects EGP1.6bn Extra Budget Debts in 3 Years
The National bank of Egypt (NBE) collected extra budget debts within 3 years worth EGP1.6 billion from EGP13billion…
NBE Collects EGP360mn Extra Budget Debts in FY13/14
The National bank of Egypt (NBE) collected extra budget debts for the fiscal year of 2013/2014 worth EGP360million.…
NBE’s NPLs Portfolio Fell to EGP5.5bln in FY14/15
National Bank of Egypt is aiming to reduce its non-performing loan (NPL) portfolio to close at EGP5.5 billion by…
NBE’s NPL Portfolio to Close at EGP5.7 bln by 2014-end
Head of non-performing loans at National Bank of Egypt(NBE), Yehia Abu El Fotouh asserted that the debt portfolio…
NBE Obtains EGP 1.1 bln Extra -Budget Debts Within 3 Years
The National Bank of Egypt (NBE), has obtained EGP 1.1 billion extra-budget debts within the last three years.…
NBE’s Non-Performing Loans Portfolio Fell To EGP 7 Bln In May
The National Bank of Egypt’s (NBE) non-performing loans (NPLs) portfolio registered EGP 7 billion at the end of…
NBE, EALB Consider US$ 20 Mln Finance to a Tourism Project
The National Bank of Egypt (NBE) and Egyptian Arab Land Bank (EALB) consider offering credit facilities of US$ 20…