Latest in Tag: NBE Highlight
Latest in Tag: NBE
NBE deposits at EGP 900bn, loans EGP 400bn up to mid-December 2017: bank VP
We aim to achieve growth rates of 15-20% by end-June 2018, our expansions in SME finance without limits
NBE funds external operations worth $18.5bn in 13 months: bank’s vice president
Bank foreign exchange earnings $17bn from 3 November 2016 to 5 December 2017, says Aboul Fotouh
NBE funds external operations worth $18.5bn in 13 months: bank’s vice president
Bank foreign exchange earnings $17bn from 3 November 2016 to 5 December 2017, says Aboul Fotouh
NBE enables paying tax, tuition fees electronically
We are seeking to launch Debit Business Card to provide more alternatives to customers to pay government dues through the bank’s website: Hegazy
NBE ‘ Strongest Bank ’ in Egypt, Africa in 2017: Asian Banker
Reaching that rating comes as a result of the restructuring of the sectors of the bank since 2008 and a direct result of the banking reform policies adopted by the CBE In 2004, according to Okasha
NBE marketed, managed syndicated loans worth EGP 58bn during first nine months of 2017
The loans arranged by the bank have been directed to many strategic sectors, especially construction materials, electricity, oil, and real estate development, says Abo El Fotouh
Afreximbank negotiates with NBE, CIB to finance SMEs
Afreximbank’s portfolio in Egypt is $5.2bn until 2017, says Oramah
NBE opens first two branches of Al Ahli Exchange Company
The company was established with a capital of EGP 200m and a paid up capital of EGP 50m. The bank plans to increase the number of branches to 50 branches within 3 years
NBE’s total foreign exchange earnings exceed $12bn: vice chairperson
The bank has financed foreign trade operations worth $13bn since 3 November 2016, asserts Abu El-Fotouh
NBE signs 2 cooperation protocols with ministries of higher education and planning worth EGP 500m
The two conventions aim to serve scientific research and support external scholarship missions
Electricity Ministry signs EGP 37bn loan with NBE and BM on Tuesday
Finance Ministry to bear 12% of loan interest, EEHC bears 3-5%
Volume of NBE’s financial position reached EGP 1.3tn by end of FY 2016/2017: bank’s vice chairperson
Bank’s net profits EGP 12.5bn by end of June 2017: Abu El-Fotouh
NBE meets investors of industrial zones in Beni Suef, Minya, and Assiut
Bank’s SME loans portfolio amounted to EGP 32bn to 53,000 projects
NBE does not intend to issue bonds on foreign markets: vice chairperson
We aim to offer the bonds with a suitable return and the delay in offering is better, says Abu Al-Fotouh
NBE to own 27.3% loan volume, 27.2% deposit volume of Egyptian market by end of December 2016
Financial position increased by EGP 409.7bn during the first half of fiscal year 2016/2017 to reach EGP 1.113tn
CIB named best bank in Egypt this year, Ahli United Bank most efficient, NBE dominates customer satisfaction: Business News
EG Bank doubles its financial position, remains fastest growing bank for the second year in a row
NBE accounts for 18% of total syndicated loans arranged in Africa
Bloomberg places NBE first in Egypt and other African markets for arranging marketing and managing syndicated loans during Q1
NBE retail sector clients amounted to 7.1 million at end of March 2017
Retail sector deposits reach EGP 798bn, retail loans increased to EGP 41bn
Electricity companies negotiate with banks to borrow $400m
List of banks includes Banque Misr, NBE, AAIB, CIB, and QNB
NBE, Banque Misr extend working hours to collect taxes electronically
59 branches of NBE work until 5.00pm, 75 branches of Banque Misr work until 7.00pm to help financers repay required amounts
NBE, Banque Misr, Banque du Caire secure SR 700m to cover Umrah expenses
Another meeting will also be scheduled this month to agree on the mechanism for the Hajj season
NBE increased its capital by EGP 26.4bn since June 2008: chairperson
We continue to strengthen the financial position of the bank and increase its capital, says Okasha
NBE achieves EGP 12.5bn NIAT for FY 2015/2016: chairperson
NBE’s balance sheet increased by EGP 183.6bn, while the loan portfolio hits EGP 231.3bn, says Okasha
NBE will secure its branches with Egyptian technology to support Egyptian products
NBE signed a contract with Benha Electronics Company to supply electronic, metal-detecting security gates
Benha Electronic Industries supplies 62 metal detectors to NBE
The National Bank of Egypt (NBE) signed a contract agreement with one of the Ministry of Military Production’s subsidiaries, Benha Electronic Industries, to supply 62 metal detector gates to the bank. The contract was signed by the chairperson of the company, Magdy Hamdeen, and Hossam Salah Eldeen, the head of administrative support at the NBE. …
NBE injected EGP 7.5bn to finance 9,200 SMEs in first year of CBE’s initiative to support these projects
77% of SMEs obtained loans to expand its existing activities and 23% to newly established projects
EETC, NBE, agree upon EGP 18bn loan to strengthen the transmission network
The Egyptian Electricity Transmission Company (EETC) agreed with the National Bank of Egypt (NBE) to borrow EGP 18bn to strengthen the national electricity grid. Chairperson of the Egyptian Electricity Transmission Company Gamal Abdel Rahim, said that the company will sign the contracts with NBE at the end of the month, noting it will be a …
NBE to increase retail banking portfolio to EGP 43bn by end of June
We aim to transfer the micro-finance portfolio to the retail sector and increase mortgage volume to EGP 5bn by the end of June 2018
NBE, Banque Misr grant EGP 10bn in loans to SMEs in January
Banque Misr is considering pumping new loans worth EGP 1bn into the sector
NBE arranged 10 syndicated loans worth EGP 50bn in 2016
NBE occupied the first position in the Egyptian market, and the third position in Africa, according to Bloomberg