National Bank of Kuwait
The bank’s revenues declined during 2020, to reach LE 3.26 billion at the end of December, compared to LE 3.76 billion during 2019.
The NBK-Egypt’s outstanding financial performance over the years is a strong testament to NBK Group’s insightful vision and great trust in the Egyptian market’s rapid growth and huge potentials.
He added in a statement that the expanding will be in the retail sector.
The NBK Group intends to expand investments in the Egyptian market during the coming stage, he said.
NBK Egypt achieved profits of LE 727 million ($ 40.64 million)in the first half of 2017, down 14.4 percent from LE 849 ($ 47.49) million in the same period in 2016.