NBE, Banque Misr support Egypt's Health Ministry by LE 60M to counter COVID-19

Tue, 21 Jul 2020 - 12:57 GMT

The Minister of Health and Population, Hala Zayed, emphasized the importance of solidarity of all state institutions, which will contribute greatly to Egypt overcoming this crisis.

EIB supports Egypt's transport sector, NBE by €1.9B

Sun, 19 Jul 2020 - 11:42 GMT

Al-Mashat clarified that €1.1 billion is to finance three projects in the transportation sector with the National Authority for Tunnels.

IFC cooperates with Egypt in strengthening clean tech start-ups, enabling farmers to switch to solar

Tue, 14 Jul 2020 - 10:11 GMT

IFC announced Tuesday joining forces with the National Bank of Egypt and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) to strengthen the clean technology entrepreneurship sector .

NBE, IFC ink cooperation agreement on funding solar-powered water pumps

Tue, 07 Jul 2020 - 03:44 GMT

Okasha pointed out that the agreement is the first of its kind between NBE and IFC.

EBRD finances NBE with $200M to confront coronavirus ramifications

Mon, 22 Jun 2020 - 04:58 GMT

EBRD will provide a $100 million loan to help NBE provide short-term loans to private small and medium-sized enterprises and firms facing liquidity strains.

National Bank of Egypt hits deposits of LE1.5T

Mon, 18 May 2020 - 03:33 GMT

“NBE receives 30,000 calls a day, and the bank allows the purchase of certificates of return through the Call Center,” he said.

High-yield savings certificates of NBE, Banque Misr post LE 121B in gains

Sun, 10 May 2020 - 01:25 GMT

Mohamed el Atrebi, Board Chairman of Banque Misr, told MENA that the bank sold certificates worth 39 billion pounds since the new certificates were issued.

NBE leads banking consortium to provide €30m loan to Midor

Thu, 07 May 2020 - 11:50 GMT

The step, he said, reflects NBE's pioneering role in boosting national projects that contribute to the economic development of the country, he said.

15%-revenue certificates not canceled because of new certificates: NBE

Wed, 29 Apr 2020 - 11:26 GMT

The income of the 15 percent-revenue certificates that were auctioned in March 22 reached LE 75 billion until the middle of this week.

High-yield savings certificates of NBE garner LE 36 billion pounds in 2 weeks

Sun, 05 Apr 2020 - 12:29 GMT

He made clear that the certificates are only available online either through the call center or online banking application.

15%-yield saving certificates posted gains of EGP 43.4 bln since March 22: NBE, Banque Misr

Wed, 01 Apr 2020 - 06:03 GMT

NBE Chairman Hisham Okasha said that the bank issued 15 percent-yield saving certificates that are worth over LE 30 billion to 160,000 customers.

NBE: 15% -yield saving certificates posted gains of LE 17.3B in 4 days

Thu, 26 Mar 2020 - 01:03 GMT

He went on to say that the NBE will meet requests for purchasing these certificates through online channels and phone calls.

High-yield savings certificates of NBE, Banque Misr garner LE 10.7 billion in 2 days

Wed, 25 Mar 2020 - 12:57 GMT

Yehia Abul Fotouh, Vice President of the NBE, said the bank sold 7.2-billion-pound worth certificates since they were issued on Sunday.

NBE: 15% yield certificates to be available via online banking service to curb coronavirus spread

Fri, 20 Mar 2020 - 04:07 GMT

Earlier in the day, Banque Misr has decided to confine buying its 15-percent-yield saving certificates to the online channel.

NBE, Banque Misr pump LE 3 billion to boost bourse: offical

Thu, 19 Mar 2020 - 02:18 GMT

The official said the move comes as part of efforts to boost the Egyptian economy as the bourse has suffered deep losses over the past weeks over coronavirus concerns.

NBE wins bt100 award for best bank’s role in supporting economy

Tue, 03 Mar 2020 - 07:36 GMT

The National Bank of Egypt (NBE) has won best bank’s role in supporting the economy and national projects at bt100 Awards.

Egypt to establish 12 investment zones

Fri, 08 Nov 2019 - 03:02 GMT

The protocol will introduce a package of services including finance, and consultancy.

EBRD reviews providing NBE with 2 loans worth $50M

Thu, 24 Oct 2019 - 01:20 GMT

European Bank for Reconstruction and Development reviewed the provision of two senior loans to the National Bank of Egypt with a total amount of $50 million.

NBE to chair China-Arab inter-Bank alliance 2nd meeting mid-2020

Thu, 19 Sep 2019 - 10:45 GMT

The alliance, which was established in July 2018, comprises China Development Bank (CDB), NBE, Lebanon’s Fransabank, Morocco’s BMCE bank and First Abu Dhabi Bank (FGB).

CBE approves issuing Aman certificate for non- gov'tal categories

Tue, 05 Mar 2019 - 03:57 GMT

The four banks are the National Bank of Egypt (NBE), Banque Misr, Banque Du Caire and Agriculture Bank of Egypt.