The National Bank of Egypt (NBE) was rated as the country’s top bank for syndicated loans for 1Q2020, having arranged EGP 15.4 bn-worth of syndicated loans, a Bloombergevaluation (pdf) shows. The state-owned bank also ranked third in Africa and the Middle East, taking a 19.82% market share of syndicated loans in Africa. The bank is providing a EGP 750 mn loan with SAIB and the Suez Canal Bank for Dorra Group’s Construction and Reconstruction Engineering company, according to Hapi Journal.
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