Latest in Tag: the National Bank of Egypt Highlight
Latest in Tag: the National Bank of Egypt
NBE arranged 48% of syndicated loans in Egypt, Africa in Q1 2018
NBE first in Egyptian, African banking markets in syndicated loans, Bloomberg says
NBE, Visa, e-finance sign partnership to push cashless society
Helwan University to become first university in Egypt with pillars of financial inclusion
NBE extends working hours to 5 pm at 65 branches to provide electronic tax payment services
The National Bank of Egypt (NBE) decided to extend its working hours at 65 of its branches until 5:00 pm to provide electronic tax payment services in the periods between 25 and 29 March 2018 and from 22 to 30 April, according to Yehia Aboul Fotouh, chairperson of the bank. Aboul Fotouh explained that this …
NBE’s microfinance portfolio reaches EGP 3.5bn: Aboul Fotouh
About EGP 40bn available funding for SMEs, bank aims to increase that to EGP 100bn by 2020
NBE aims to increase assets to EGP 1.5tn by end-June 2018: vice chairperson
Bank seeks to increase its loans for major companies to EGP 350bn, SMEs portfolio to EGP 40bn, deposits to EGP 1tn
NBE pumped EGP 18.6bn to finance 17,800 small projects in two years: bank VP
SMEs portfolio increased to EGP 39.8bn for 57,400 projects by end-December, says Al-Baz
NBE, Agriculture Ministry cooperate to finance livestock projects
Bank injected EGP 1.2bn to fund 7,400 livestock, poultry, fishery development projects
NBE renovates 229 branches: Aboul Fotouh
Bank reopens Montazah branch after development
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 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
How Dsquares changed the concept of loyalty programs ?
Dsquares works with top local & international brands like Vodafone Egypt, Orange Jordan, NBE
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 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
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 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 saving certificates with 16%, 20% interest collect EGP 92bn
NBE offered $600m for imports since the flotation of the pound, says vice president
NBE receives EGP 15bn in new deposits in fortnight: chairperson
Banque Misr collected $400m during the first two weeks of the flotation, says deputy chairperson
NBE provides EGP 27bn to 51,000 small, medium, micro-enterprises by end of October: chairperson
NBE provided EGP 5.2bn to more than 7,000 projects in 9 months as part of CBE initiative
NBE reduces foreign exchange cash limit for travelling customers
The bank provides cash for foreign exchange only on condition of reviewing customers’ travel documents
NBE aims to increase SMEs loan portfolio to 70bn in 4 years
The National Bank of Egypt (NBE) aims to increase the size of loans granted to small- and medium–sized enterprises to EGP 70bn over four years, according to the bank’s CEO Hazem Hegazy. Hegazy said that NBE began funding SMEs in 2010, noting that the current size of loans granted to these projects amounts to EGP …
NBE arranges 2 loans worth EGP 20bn for power projects, infrastructure
Loans portfolio expected to increase in size during current FY, bank vice president
NBE finances 47,000 SMEs with EGP 28bn as of end of June
Bank aims to increase volume of provided SME funds to EGP 72bn over next 4 years, says Okasha
NBE gives SUMED $100m to finance project for the trading and storage of petroleum products
The loan will also finance the launch of a quay in Ain Sokhna
NBE finances purchase of 8,600 low- and middle-income housing units with EGP 700m
Hegazy attributed the bank’s success in being able to finance its large number of clients to its ongoing cooperation with concerned parties, such as the CBE and the Mortgage Finance Fund (MFF), in addition to covering all geographic areas in Egypt
NBE postpones paying 4 instalments of Arabian Cement Company worth $8m until April 2017
A report by Beltone Financial Investment Banking stated that the profits of the company were higher than the original expectations of EGP 536m. The 10% higher prices in the fourth quarter of 2015 contributed to making up for the falling sales volume.
NBE bank of the year, EGB is the fastest growing, Bank of Alexandria the most efficient: Business News
CIB tops the serving individuals index, and HDB is the highest spending bank on social responsibility
NBE studying expansion into Saudi market in next period
Bank collected $500m from foreign currency saving schemes