Latest in Tag: National Bank of Egypt (NBE) Highlight
Latest in Tag: National Bank of Egypt (NBE)
EGP 399bn total corporate finance portfolio, syndicated loans at NBE end of April 2019
Bank arranged 17 syndicated loans in 2018 worth EGP 90bn, won 15 international awards in this field
Defaulting clients visiting government banks to settle their debts
Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP 700m, says Aboul Fotouh
4 state-run banks to offer Aman insurance certificates Sunday
Certificates to cover temporary workers, other individuals without social security coverage
Amer, Al-Assar, chairpersons of state-owned banks in talks about supporting Egyptian industries
Pushing local development, manufacturing top public banks’ priorities, says Amer
Government banks rule out offering new savings certificates with return of 25%
NBE meets at end of the week to determine the fate of its interest rates, Banque du Caire next week, Banque Misr still has no date
Banks achieve net profits worth EGP 30.143bn in Egyptian market until September 2016: CBE
The five largest banks acquire 44.32% of total profits, 42% of total revenues
8 Egyptian banks among top 100 Arab Banks: UAB
Egypt occupies fifth place according to the number of banks on the list, and QNB tops Arab banks in terms of size of assets
10 banks offer EGP 6bn syndicated loan to Etisalat Egypt
A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s operation expenses. The alliance included the National Bank of Egypt (NBE), the …
6 banks exempted from applying maximum wage
Six other banks await a judicial ruling for exemption
Small-business investors liquidate portfolios to invest in platinum savings certificates
Offering saving certificate with an interest rate of 12.5% increased opportunities to offset part of the losses incurred in the capital market over the past year
It is in banks’ interest to help tourism sector: NBE board member
CBE initiative to support tourism sector scheduled to end in June
Individual bank customers range between 6-8 million: NBE Chairman
There are 10 ATM machines for every 100,000 customers in Egypt, Okasha said
NBE launches outlets for serving SMEs
The initiative targets providing opportunities of employments to youth in all governorates.
Banking and Insurance Special: Conventional banks enter Islamic banking sector
In a bid to increase profits, furious competition ensues in the Islamic banking sector between Egyptian banking heavyweights like NBE and Banque Misr
Banking and Insurance Special:Flurry of conventional banks enter Islamic banking sector
In a bid to increase profits, furious competition ensues in the Islamic banking sector between Egyptian banking heavyweights like NBE and Banque Misr