NBE Clinches Top Honors as Best Syndicated Loan House in Global Business Outlook Awards
First Bank
NBE
National Bank of Egypt has received the award for Best Syndicated Loan House – Banking in Egypt from “Global Business Outlook” magazine.
It’s worth noting that NBE has shown good performance since the beginning of this year, with customer deposits growing by approximately 6.3% to reach EGP3.4 tn by the end of June 2023, compared to EGP3.2 tn by the end of December 2022, an increase of EGP200 bn.
Total loans increased by a growth rate of 14.4% in the first half of this year, reaching EGP1.978 tn by the end of June 2023, compared to EGP1.729 tn by the end of December 2022.
Asset portfolio also rose by 11.36% in the first half of this year, reaching EGP4.9 tn pounds by the end of June 2023, compared to EGP4.4 tn in December 2022.
