Tag: NBE

NBE, CDB sign $700m agreement to fund infrastructure projects in Egypt

NBE established the first Egyptian, Arab, and African bank in China since…

Daily News Egypt

Egypt signs 21 economic cooperation agreements with China

China lends Egypt $1.8bn, $800m of which is for NBE and Banque…

Mohamed Alaa El-Din

NBE arranged 17 syndicated loans valued at EGP 65bn in 2015: Deputy Chairman

Electricity sector accounted for EGP 30.8bn; 14.8bn for petroleum; 9.45bn for construction;…

Hossam Mounir

NBE to increase retail loans to EGP 50bn by end of 2017

Retail loans reached 21% of the bank’s total loans portfolio, and will…

Hossam Mounir

NBE arranges loans for electricity sector worth EGP 39.4 in five years

The bank intends to support the national economy by funding national projects

Hossam Mounir

Cisco to build NBE’s modern generation of secured data centres

The National Bank of Egypt (NBE) employed the international telecommunication company Cisco…

Daily News Egypt

Afreximbank allocates $1bn for 10 of Egypt’s commercial banks led by NBE

Distribution of money to banks will be based upon their requirements for…

Shaimaa Al-Aees

NBE, Banque Misr collect EGP 45.4bn in 10 days from certificates

Banque du Caire attracts EGP 3.3bn and 5 banks to raise interest…

Hossam Mounir

NBE, Banque Misr collect EGP 28bn within 5 days, expected to increase

Both banks attracted liquidity from outside banking sector, dollar selling operations to…

Hossam Mounir

Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts

Analysts ruled out that the owners of the Suez Canal investment certificates,…

Hossam Mounir