Tag: NBE

Public banks stop selling their 15% interest certificates on Sunday

The three state-owned banks have begun offering these certificates in mid-March 2016

Hossam Mounir

NBE’s net profit EGP 5.8bn in the first half of FY 2015/2016

The bulletin stated that the total equity at the bank amounted to…

Hossam Mounir

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

Hossam Mounir

NBE aims to reduce delayed debt payments by June: deputy chairperson

The National Bank of Egypt currently has an outstanding debt of EGP…

Hossam Mounir

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid

NBE, Banque Misr extend working hours to enable electronic payment of taxes, customs 

These branches will remain open until 5pm in the period from 27…

Hossam Mounir

SECON to start withdrawing loan acquired from Banque Misr, NBE before end of March

Company will not borrow from banks currently, will participate in major national…

Hossam Mounir

NBE records EBT of EGP 10.4bn during FY 2014/2015

The bank also achieved a 23% growth in loans granted to small…

Hossam Mounir

NBE, Banque Misr issue CDs with 15% yield

The NBE and Banque Misr will issue the CDs beginning on Monday…

Hossam Mounir