National Bank of Egypt adopts strategy to face market competition
The deputy chairman of NBE automated teller machines (ATMs) reached 1,750 by…
Egyptian Gulf Bank gives EGP 300m to low-income housing project
The bank is one of several supporting the construction of 10,000 housing…
National Bank of Egypt signs $50m deal with European Bank for Reconstruction and Development
The agreement will help finance foreign trade operations
NBE and Telecom Egypt sign agreement for fiber-optics upgrade
The telecommunication company will be responsible for providing infrastructure for entiree network…
S&P raises ratings on four Egyptian banks
Ratings agency upgrades long-term ratings on National Bank of Egypt, Banque Misr…
NBE to defer EGP5bn in loan payment installments
The National Bank of Egypt (NBE) will defer EGP5bn of debt payment…
Political turmoil hits mobile money transfer market
Low rates of usage for the service were the result of political…
Egypt’s banking sector is optimistic about change
Recent improvements seen in the stock market and decreases in the cost…
Costs of future government borrowing bogged down by uncertainty
Return rates on government debt tools have been steadily increasing since former…
Fitch Group’s new credit downgrade of Egypt does not take into account recent aid received from the Gulf
The analysts stated that the recent downgrade would not have a large…