Tag: NBE

Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…

Hossam Mounir

NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts

The National Bank of Egypt (NBE) and Banque Misr announced interest rate…

Hossam Mounir

Al Ahly Pharos closes landmark EGP 2.8bn Musharaka Sukuk for Bab Masr Development

Al Ahly Pharos Investment Banking, the investment banking arm of the National…

Daily News Egypt

22 banks offer EGP 79.2bn in mortgage financing, supporting 599,512 low-income clients as of February 2025

The Social Housing and Mortgage Finance Fund (SHMFF) revealed that 22 banks…

Hossam Mounir

EGP 9.3bn allocated to 44,400 farmers under National Veal Project: Agriculture Minister

The National Veal Project, led by Minister of Agriculture and Land Reclamation…

Daily News Egypt

Al Ahly Capital boosts stake in Easy Lease to 97.55% in strategic acquisition

Al Ahly Capital Holding, the investment arm of the National Bank of…

Hossam Mounir

Al-Ahly Mortgage Finance aims to grow portfolio to EGP 4bn by 2024-end

Hatem Amer, Managing Director of Al-Ahly Mortgage Finance, a subsidiary of the…

Daily News Egypt

Banks in Egypt report EGP 426.911bn in net profits for 9M 2024

The Central Bank of Egypt (CBE) has announced that banks operating in…

Hossam Mounir

Egyptian banking alliance grants EGP 4.235bn to Al-Zahi Group for development projects

Three leading Egyptian banks—the National Bank of Egypt (NBE), Banque Misr, and…

Hossam Mounir

Three banks arrange EGP 5bn syndicated loan for NERIC

Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry…

Daily News Egypt