NBE acquires 20% of Egyptian Alliance for Education in broader equity pivot
The state-owned commercial bank is securing direct equity stakes across high-growth private sectors
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The state-owned commercial bank is securing direct equity stakes across high-growth private sectors
Good afternoon, friends, and kudos to you for making it to the weekend. It’s been a busy week both at…
The National Bank of Egypt’s investment arm is taking an undisclosed stake in the fintech unicorn, marking the first time…
NBE’s entry brings Scatec’s economic interest down to 40%, though the Norwegian developer retains majority control
NBE and BM both hiked rates on CDs by 125 bps
Plus: Incolease taps securitization market with debut EGP 2 bn issuance
The state-owned lender is looking into acquiring the necessary licensing to offer a full-fledged investment banking experience
Both NBE and Banque Misr decided to reduce yields on several EGP savings certificates
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