NBE tops banks on First Bank Depositor Confidence Index during H1-2024
First Bank
The National Bank of Egypt continued to attract huge segments of depositors, as evidenced by the rise in its portfolio of customer deposits by EGP 567 bn, reaching EGP 4.3 tn by the end of June 2024, compared to EGP 3.733 tn by the end of 2023.
The huge increases achieved in the size of NBE's customer deposits are due to many reasons, most notably the introduction of numerous certificates and savings receptacles with standard returns, often exceeding most of the revenues offered to competing products
In addition to the Egyptians' great confidence in it, which is constantly increasing thanks to its outstanding performance, and its professional team.
The huge geographical spread of the National Bank of Egypt also plays a role in the growing size of its deposits, with its branches extending to 665 branches in June 2024, including 17 independent electronic service branches and 21 traditional branches with an electronic department.
The number of branches equipped to deal with people of determination has also registered about 83 branches with the creation of distinctive signs for branches that provide service with constant pursuit and attention to segments of disabled customers through the operation of slopes for the external entrance of the branch electronic elevators and low-rise ATMs. Training most branches of our bank to deal with customers through sign language, providing translated application forms in Braille
In addition to owning a large number of ATM machines, it reached 6786 in June 2024, and the number of OPS machines reached about 588 thousand by the end of the same period. To view the full list, click more