NBE to loan out EGP 6 bn by June, EGP 600 mn for natgas projects

The National Bank of Egypt (NBE) is planning to loan out EGP 6 bn to its retail customers by June, bringing the total loan portfolio to EGP 65 bn, retail risk group head Karim Soos told Al Mal. NBE will also finance EGP 600 mn-worth of projects converting homes and cars to natural gas, Soos told Al Mal in a separate story.