NBE receives 800 applications for mortgage funding for low- and middle-income individuals
The Central Bank launched a mortgage financing initiative in April with EGP…
NBE and Egyptian Gulf Bank to provide EGP 500m and 120m to Mobinil
Four banks participate in total of 1bn syndicated loan to Egyptian service…
National Bank of Egypt, Banque du Caire, and Banque Misr increase returns on savings certificates
A number of government banks raise returns on savings certificates to attract…
Hazem Hegazy, head of retail banking speaks to Daily News Egypt
National Bank of Egypt planning to transform the country into a cashless…
Mobile banking to boost credit card usage to 38%: Blom Bank Egypt official
The easy-payment service, offered by several banks in Egypt for nearly six…
National Bank of Egypt raises retail banking portfolio to EGP 35bn: Head of sector
Bank aims to raise its retail banking portfolio in FY 2014/2015 as…
Addressing bureaucracy, administrative corruption necessary for economic reform: Experts
Bureaucracy, complicated investment legislation, and administration corruption are the main stumbling blocks…
Banking sector supporting demand for corporate lending: National Bank of Egypt president
Banking sector believes in growing demand for corporate lending as well as…
Tourism, industrial sectors account for 75% of NBE’s non-performing loans: Bank official
The National Bank of Egypt’s non-performing loans total EGP 6bn, of which…
CIB named ‘Bank of the Year’
HSBC dropped 13 places on the efficiency indicator as its profits declined,…