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, through pumping new investments worth EGP 200m.
NBE’s direct investment reached EGP 200m by the end of December. However, indirect investment reached EGP 1bn in the same period, Ragaa’i added.
