National Bank of Egypt

  • EBRD Offered to Fund SUMED Project

    EBRD Offered to Fund SUMED Project

    Monday, 15th August 2016
    The European Bank for Reconstruction and Development (EBRD) has offered to fund the Arab Petroleum Pipelines Co. (SUMED) with $100m, based on a 10-year time-frame, to build a pier and petroleum products trading center in Ain Sokhna.
  • NBE and Gas Firm Reach $32m Debt Settlement

    NBE and Gas Firm Reach $32m Debt Settlement

    Sunday, 3rd January 2016
    The National Bank of Egypt and an undisclosed gas company reached a $32m debt settlement agreement to be repaid over the next 8 years.
  • Petroleum Portfolio Expanding at National Bank of Egypt

    Petroleum Portfolio Expanding at National Bank of Egypt

    Monday, 24th August 2015
    A source informed Amwal Al-Ghad that the financing portfolio for the petroleum sector recorded loans and credits of EGP 41b ($5.2b) at the National Bank of Egypt (NBE).
  • Egyptian Bank Gives $14 Million Loan to EGPC for Debt Repayments

    Egyptian Bank Gives $14 Million Loan to EGPC for Debt Repayments

    Tuesday, 3rd March 2015
    The Egyptian Arab Land Bank ( EALB ) contributes $14 million to the state-owned Egyptian General Petroleum Corporation (EGPC)'s loan, chairman Abdel Meguid Mohy El-Din told Amwal Al Ghad on Sunday.