NBE reports net profits of EGP 20.2bn in FY 2018/19
The bank’s total finances increased to EGP 1.6trn in June 2019, compared to EGP 1.5trn in June 2018. Equity amounted to about EGP 110bn in 2019, compared to EGP 92.2bn in the year before.
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NBE’s mortgage finance portfolio exceeds EGP 7bn end-June
CBE’s initiative beneficiaries reach 68,000 this June, up from 38,000 in June 2018, says Okasha
NBE completed renovations of 178 branches, to re-open historic Mosky branch
Mosky branch represents important historical value for bank; its development comes within strategy followed by bank to modernise its branch network: Okasha
NBE signs cooperation agreement with Ministry of Antiquities to develop archaeological sites
Areas to be developed include Pyramids of Giza, Temples of Phila, Abu Simbel in Aswan, Karnak Temple in Luxor
NBE achieves EGP 12.5bn NIAT for FY 2015/2016: chairperson
NBE’s balance sheet increased by EGP 183.6bn, while the loan portfolio hits EGP 231.3bn, says Okasha
NBE injected EGP 7.5bn to finance 9,200 SMEs in first year of CBE’s initiative to support these projects
77% of SMEs obtained loans to expand its existing activities and 23% to newly established projects
NBE receives EGP 15bn in new deposits in fortnight: chairperson
Banque Misr collected $400m during the first two weeks of the flotation, says deputy chairperson
NBE allocates €500m for financing private sector projects: chairperson
The bank has provided loans worth EGP 24.6bn for SMEs, with more than 47,000 projects having benefited, says Okasha
NBE prepares to launch international bonds worth $600m in international markets
Industrial sector acquires 18% of SMEs’ loans; NBE targets to double them
NBE donates EGP 50m to Zewail City of Science and Technology
Chairperson of the National Bank of Egypt (NBE) Hisham Okasha said that the bank’s board of directors agreed on donating EGP 50m to the Tahya Misr Fund – Zewail City of Science and Technology. The fund is specialised in receiving donations to complete establishing the biggest project that supports scientific and technological research in Egypt …
NBE studying expansion into Saudi market in next period
Bank collected $500m from foreign currency saving schemes
SME loans at NBE amounted to EGP 18.5bn by the end of 2015: Chairman
The portfolio has doubled six times over the past eight years, says Okasha
NBE donated EGP 930m in last 5 years: Hisham Okasha
National Bank of Egypt offered EGP 210m to develop slums and fight poverty
NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015
The bank has pumped EGP 3.5bn into SMEs sector
NBE aims for 10% growth in all bank indicators: Okasha
Deposits portfolio at $11bn for foreign currencies by the end of March
EGP 1.6tn deposits in banks: NBE chairman
Eastern Mediterranean countries experiencing revolutions, war and bombings losses amounted to $250bn, says IUAB chairman
Individual bank customers range between 6-8 million: NBE Chairman
There are 10 ATM machines for every 100,000 customers in Egypt, Okasha said
CBE to supervise monetary transactions outside banking sector: Deputy governor
Supervision will cover monetary fund money despite antipathy of investment directors
Banking sector supporting demand for corporate lending: National Bank of Egypt president
Banking sector believes in growing demand for corporate lending as well as credit rating improvement for the country, says Hisham Okasha
Economy to improve: NBE Chairman
The economy has the potential for growth in the coming months, says NBE chairman