Egypt, EBRD partnership responds to liquidity needs for SMEs, corporates experiencing economic slowdown or increased capacity needs due to COVID-19, says Minister Al-Mashat
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Financial statements of 10 banks reflect significant growth in profits by end of June 2018 YOY
Bank signs a cooperation agreement with Zewail City for Science and Technology worth EGP 6.25m to finance 10 scholarships for five years
NBK Group fully believes in Egyptian market, potential opportunities it offers, promising future ahead, says Hassan
IFC’s financing will help the bank meet the foreign currency requirements of Egypt’s medium-sized enterprises
The bank recorded EGP 445.6m net profits for the first nine months of 2015
The bank is playing a large role in facilitating financial flows from Egyptians working in the Gulf region, particularly Kuwait and the UAE to Egypt, as well as flows by Kuwaitis working in Egypt, according to Constantinos St. Loizides, an NBK board member.
During the signing of the agreement with Head of the Mortgage Finance Fund, May Abdel Hamid, Hassan said NBK is keen to participate in the promotion of low and middle income real estate finance.
Egypt is one of the most prominent markets focused on in the bank’s external strategy, says Hassan