Latest in Highlight
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Expansion pack implemented by Atlas Investment subsidiaries in 2019
Case against Agricultural Projects Authority to be considered on 26 May to recover EGP 11m
NBE aims to attract more UAE investors to Egyptian market
Bank successfully concluded several transactions with numerous UAE investors for investments in financial markets, debt instruments issued by Egyptian government: Tantawy
Five banks start issuing prepaid cards to pay government dues electronically
NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free of charge for six months
Saudi Arabia has seven of top 30 MEA banks with assets of $513bn: S&P Research
NBE ranked 13th with $85.18bn assets, Banque Misr 25th with $49.44bn
NBE extends work hours to 6:00pm in 64 branches to receive tax dues
All bank branches will provide e-tax collection services during official working hours
NBE’s syndicated loans reach EGP 15bn in 1Q19
Bank ranked first in Egyptian market as bookrunner, agent, marketer of joint loans: Bloomberg
Three Egyptian banks among 500 best banking brands in world
List includes NBE, Banque Misr, CIB – Egypt
NBE net profits reach EGP 10.1bn by end-June 2018
Bank has carried out settlements for troubled loans by EGP 6bn for 213 clients
Banking alliance arranges EGP 3.1bn worth joint loan for Samcrete Egypt
Coalition includes NBE, Banque Misr, Banque du Caire, SAIB, EDBE, Suez Canal Bank
Volume of retail banking portfolio in NBE reaches EGP 63.3bn at end-February
Asian Banker awards NBE ‘Best Retail Bank’ in 2019
NBE extends working hours at 64 branches for tax e-payment services
The National Bank of Egypt (NBE) decided to extend its working hours at 64 branches until 6:00 pm to provide electronic tax payment services in the periods between 24-31 March and between 22-30 April. The NBE will limit its services after normal working hours to tax payment services in order to achieve a successful tax …
US dollar records lowest level against Egyptian pound since March 2017
Pound value against dollar gains over 23 piasters in March, 62 piasters since January
NBE allocates EGP 123m to legalise situation of Shaq El Teaban investors
Bank studies 300 applications seeking to obtain facilities
CBE approves issuing EGP 870.3m worth ‘Aman’ certificates
NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March 2018
NBE studies financial needs of East Port Said Industrial Zone
Delegation from bank visits area to discuss project’s required banking services, factories to be established
NBE eyes 15%-20% growth in its various activities during 2019: Vice Chairperson
Industry bank’s top priority due to its positive impacts on economy overall: Aboul Fotouh
NBE manages loans, grants worth €330m to fund EPAP, bank chairperson says
Bank signed 3 new agreements to fund Semadco, Emisal, AMOC with €25m in third phase of project
NBE launches first phase of electronic service branch project
First phase of project includes 4 branches in Nasr City, Fifth settlement, Sixth of October City, Alexandria
NBE, BM issue first national payment card
Card targets over 20 million Egyptian citizens who do not deal with banking sector: NBE Chairperson
NBE’s syndicated loans share in Africa amounts to 9.7%: Bloomberg
Bank lead Egyptian market in joint loans in 2018
NBE launches phase 2 of Al Ahly Net
Launching service comes within framework of NBE strategy pursued to activate decisions, objectives of National Council for Electronic Payments, supports financial inclusion: Okasha
NBE aims to open 5 new digital branches in 3 months: deputy chairperson
Bank is working to employ technological infrastructure, modern software available to provide best service for its customers: El-Baz
NBE allocates EGP 1.75bn for education, health development: vice chairperson
The bank has spent total EGP 4bn over the past six years in social responsibility activities: El-Baz
NBE completed renovations of 178 branches, to re-open historic Mosky branch
Mosky branch represents important historical value for bank; its development comes within strategy followed by bank to modernise its branch network: Okasha
NBE provides EGP 2bn for 18 companies working in cotton ginning, trade
Benefiting companies include eight private sector companies
NBE ranks as first bank in Egypt for syndicated loans: Bloomberg
NBE relies on large capital base, exceeding EGP 98bn, enabling it to inject funds alone, or through banking alliances, says Riad
NBE signs MoU with AAST to finance emerging companies
Signing of this MoU comes as part of continued support of NBE to finance youth development, entrepreneurs, innovators
NBE decreases loans by 14%, finances second-hand vehicles to offset decreased demand
New instalment measures revive car loans’ demand in banks during coming period, according to bankers
Etisalat Misr, NBE, MasterCard launch ‘super promo’, support financial inclusion
System designed to enable individuals to perform daily transactions via phones, says Assem
NBE, Danone Egypt sign cooperation protocol to support SMEs
Signing of this protocol comes within framework of activating bank’s strategy for MSMEs development, says Aboul Fotouh