Foreign aid, loans kept foreign exchange reserves cohesive under Muslim Brotherhood and Al-Sisi
The Egyptian pound lost 16% of its value against the US dollar…
Industrial sector acquires 28% of bank loans in March
Most loans in the banking sector worldwide are granted to the industrial…
NBE aims to increase size of SMEs portfolio by 20% by end of next June: deputy chairperson
The bank follows a special philosophy in dealing with these enterprises based…
NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson
The bank settled EGP 2bn of non-performing debts from July 2015 until…
High interest rate hinders banks in Egypt from obtaining foreign loans
Foreign institutions require high return interest rates of 5.5%, which is unsuitable…
NBE loans EGP 1bn to 1,734 micro and small-sized enterprises in February, March 2016
The bank provided EGP 23.4bn to 48,000 SMEs through of March 2016
NBE aims to reduce delayed debt payments by June: deputy chairperson
The National Bank of Egypt currently has an outstanding debt of EGP…
BLOM Bank Egypt reveals top features of 5-year expansion plan
Bank’s goals include increasing large and small branches network, presence in Upper…
EGP 2.5bn syndicated loan to Majid Al Futtaim
Alex Bank and the National Bank of Abu Dhabi will act as…
