Latest in Tag: NBE Highlight
Latest in Tag: NBE
Afreximbank allocates $1bn for 10 of Egypt’s commercial banks led by NBE
Distribution of money to banks will be based upon their requirements for liquidity, says Emekekwue
NBE, Banque Misr collect EGP 45.4bn in 10 days from certificates
Banque du Caire attracts EGP 3.3bn and 5 banks to raise interest rates under government protection to investment certificates
NBE, Banque Misr collect EGP 28bn within 5 days, expected to increase
Both banks attracted liquidity from outside banking sector, dollar selling operations to subscribe in both, says NBE Chairman
Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts
Analysts ruled out that the owners of the Suez Canal investment certificates, in the segment of EGP 1,000 and its multiples, would refund these certificates to purchase the ‘Platinum Certificate’ and the ‘Certificate of the Top’ issued by the National Bank of Egypt (NBE) and Banque Misr, which have an interest rate of 0.5% more …
Banking sector shaken by raised NBE, Banque Misr interest rates
Intensified meetings in banks to discuss the move’s effects on customer deposits
Banque Misr, NBE issue savings certificates with 12.5% return
The step aims at combating dollarisation, and banks issued two similar certificates in 2004, says Analyst
NBE branches to sell commemorative Suez Canal gold coins
Deputy Chairman of the National Bank of Egypt Mahmoud Montasser said all NBE branches welcome citizens who are interested in acquiring 21 carat gold commemorative coins.
NBE manages loans worth EGP 40bn during first 9 months of 2015: Montasser
NBE ranked first in Egypt and Africa and third in Middle East and North Africa in field of syndicated loans, according to Bloomberg LP
We now have a clear vision for Egypt’s economic direction: NBE Chairman
All indications confirm we have free economy that takes social justice into account, says Okasha
NBE gives EGP 320m to 2 construction, food companies: Corporate Banking Head
29% increase in loans to big companies in the past fiscal year, says Yassin
Ministry of Supply to negotiate with NBE Khartoum branch to import Sudanese meat
International companies welcome investing in Global Logistics Centre for Grain Handling and shopping project in Damietta, says El-Meseiri
Ministry of Finance, public banks in new disagreement
Ministry demands government banks reduce volume of retained earnings, banks believe they are necessary to support capital base
Ministry of Finance, public banks in new disagreement
Ministry demands government banks reduce volume of retained earnings, banks believe they are necessary to support capital base
3 banks arrange syndicated loan of EGP 1.3bn for Evergrow
List includes AAIB, National Bank of Egypt and Abu Dhabi Islamic bank
PACT to invest EGP 1.7bn in Egyptian real estate over 10 years
EGP 65m for financing White Bay project in Ain El-Sokhna, to be financed in cooperation with NBE
NBE studies increasing NBE Sudan activity
Infrastructure is ready for any expansions, says official
NBE delegation continues negotiations with 5 banks to promote dollar bonds
The banks are Citi Group, Deutsche Bank, HSBC, the National Bank of Abu Dhabi, and Standard Chartered.
NBE to issue dollar bonds in August: Soliman
Bank will negotiate with five international banks on Wednesday to promote bonds internationally
NBE donated EGP 930m in last 5 years: Hisham Okasha
National Bank of Egypt offered EGP 210m to develop slums and fight poverty
NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015
The bank has pumped EGP 3.5bn into SMEs sector
NBE aims for 10% growth in all bank indicators: Okasha
Deposits portfolio at $11bn for foreign currencies by the end of March
CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index
NBE has most customer satisfaction, 255 companies take part in the evaluation, Emirates NBD is third best bank
Investment opportunities to be presented at Dubai’s AHIC: EGOTH Chairman
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan
NBE wins best retail banking award
The number of NBE’s ATM machines reached 1,950 machines, an increase of 415 machine from the previous year.
Banque Misr registers highest net profit in its history
Bank assets to reach EGP 15bn after the approval it received from the CBE
NBE extends working hours in 68 branches for tax e-payments
NBE lends support to Egyptian Tax Authority in e-collection during March and April every year
NBE to grant credit for 640 housing units
CBE launched mortgage initiative last April worth EGP 10bn for real estate financing involving funding housing for low-middle income classes at concessional terms
NBE’s deposits reach EGP 405bn
The total amount of National Bank of Egypt’s (NBE) loan portfolio has registered EGP 136bn, said Hisham Okasha, General Manager of NBE. Meanwhile, the net loan portfolio of the bank amounted to EGP 129bn, Okasha noted, adding that the current deposits portfolio EGP 405bn. NBE is currently setting a medium-term plan for geographical expansion, which …
NBE aims to pump EGP 200m in 2015 investment portfolio
The National Bank of Egypt (NBE) has aimed to pump EGP 200m to its investment portfolio during 2015, head of the bank’s investment sector Mohamed Ragaa’i announced. Ragaa’i explained that NBE is seeking for the investment portfolio to reach EGP 1.4bn by the end of 2015, compared to EGP 1.2bn by the end of 2014, …
Banks take responsibility for raising living standards
Without social role and ensuring adequate standard of living for individuals, banks’ profits will be badly affected