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Benha Electronic Industries supplies 62 metal detectors to NBE

The National Bank of Egypt (NBE) signed a contract agreement with one of the Ministry of Military Production’s subsidiaries, Benha Electronic Industries, to supply 62 metal detector gates to the bank. The contract was signed by the chairperson of the company, Magdy Hamdeen, and Hossam Salah Eldeen, the head of administrative support at the NBE. …

Hossam Mounir

EETC, NBE, agree upon EGP 18bn loan to strengthen the transmission network

The Egyptian Electricity Transmission Company (EETC) agreed with the National Bank of Egypt (NBE) to borrow EGP 18bn to strengthen the national electricity grid. Chairperson of the Egyptian Electricity Transmission Company Gamal Abdel Rahim, said that the company will sign the contracts with NBE at the end of the month, noting it will be a …

Mohamed Farag

NBE, Misr Life Insurance sign cooperation protocol to benefit from e-payment tools

In light of the National Bank of Egypt’s (NBE) interest in improving the services it offers its customers to facilitate banking transactions and maintain leadership in providing electronic banking services updates, Hazem Hegazy, NBE CEO for retail banking and small- and medium–sized enterprises signed a corporation protocol with Ahmed Abdel Aziz, chairperson of Misr Life …

Daily News Egypt

NBE, Banque Misr raise limits on card usage abroad

Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh said that the bank will raise the limit previously imposed on its cards for usage abroad on Sunday. He added that the bank also approved selling $300 to travellers who are not clients, whereas travellers who have had accounts at the bank for …

Mohamed Ayyad

NBE aims to increase SMEs loan portfolio to 70bn in 4 years

The National Bank of Egypt (NBE) aims to increase the size of loans granted to small- and medium–sized enterprises to EGP 70bn over four years, according to the bank’s CEO Hazem Hegazy. Hegazy said that NBE began funding SMEs in 2010, noting that the current size of loans granted to these projects amounts to EGP …

Hossam Mounir