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national bank of Egypt

ADEX signs $100M agreement with NBE to increase UAE’s exports to Egypt

This initiative seeks to boost economic activities and promote cross-border trade relations, further enhancing trade between both countries.

EGP 7.5B paid in aid to 750 companies as part of Immediate Cash Export initiative sixth phase | FinMin

The minister added that the distribution of the second batch will take place on 19-20 July, while the third batch will be on 2-3 August

Fitch Ratings lowers long-term deposit ratings for 4 Egyptian banks

The ratings agency wrote that the four banks have “significant exposure” to debt and lending to public-sector companies, with Fitch estimating their debt to reach 75% of their total assets

NBE serves over 12 million ATM withdrawals worth approximately EGP 29 billion

The bank was committed to feeding all its ATMs, spread throughout the country, to meet the cash needs of citizens 24/7.

National Bank of Egypt adjusts grace periods, fees for credit cards

The bank allows between 55 and 57 days for the full repayment of credit card charges without incurring interest chargesز