NBE, Visa launch online purchase solutionsThe National Bank of Egypt (NBE) and Visa recently launched online solutions aimed at providing customers with secure, convenient and reliable means to make purchases via the Internet. NBE launched the Verified by Visa service, a simple-to More… |
Al Ansari partners with top Egypt bankAl Ansari Exchange, a leading provider of remittance and foreign exchange services, said it has signed a strategic partnership with the National Bank of Egypt (NBE), the oldest and largest commercial bank in Egypt. The Al Ansari move is ai More… |
Egyptian banks to accept real estate for debtNational Bank of Egypt (NBE) and Banque Misr, the country's first and second biggest banks by assets, said they had agreed to accept real estate in exchange for hundreds of millions of dollars in public sector debt. Egypt has reduced t More… |
National Bank of Egypt triples net incomeNational Bank of Egypt (NBE), the country's largest bank by assets, more than tripled its net income in the year to end-June by expanding its deposit base and cleaning up its loan portfolio, it said in a statement. The bank also benefited More… |
NBE to launch $1.8bn mortgage fundState-owned National Bank of Egypt (NBE), Egypt's largest commercial bank by assets, is setting up a 10 billion Egyptian pound ($1.79 billion) fund to finance home mortgages, a newspaper reported on Sunday. The business daily Al-Alam a More… |