{"id":601120,"date":"2019-02-19T03:59:56","date_gmt":"2019-02-19T03:59:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/"},"modified":"2019-02-19T03:59:56","modified_gmt":"2019-02-19T03:59:56","slug":"nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/","title":{"rendered":"NBE to loan out EGP 6 bn by June, EGP 600 mn for natgas projects"},"content":{"rendered":"<p>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 <a href=\"https:\/\/www.almalnews.com\/Story\/411581\/12\/%C2%AB%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A%C2%BB-%D9%8A%D8%B6%D8%AE-6-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%89-%D8%A7%D9%84%D8%AA%D8%AC%D8%B2%D8%A6%D8%A9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%8A%D8%A9-%D9%82%D8%A8%D9%84-%D9%8A%D9%88%D9%86%D9%8A%D9%88-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">told Al Mal<\/a>. NBE will also finance EGP 600 mn-worth of projects converting homes and cars to natural gas, Soos told Al Mal in <a href=\"https:\/\/www.almalnews.com\/Story\/411566\/12\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D9%8A%D8%B1%D8%B5%D8%AF-400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%AA%D9%88%D8%B5%D9%8A%D9%84-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2-%D9%84%D9%84%D9%85%D9%86%D8%A7%D8%B2%D9%84-\">a separate story<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[204,2372,72,7087,368],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601120","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-enterpriseam","tag-finance","tag-sustainability","wpautop","entry"],"acf":{"mongo_id":"3c6dcd97-9400-44f2-b09e-fa399328eed8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601084],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NBE to loan out EGP 6 bn by June, EGP 600 mn for natgas projects - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE to loan out EGP 6 bn by June, EGP 600 mn for natgas projects\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-19T03:59:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE to loan out EGP 6 bn by June, EGP 600 mn for natgas projects\",\"datePublished\":\"2019-02-19T03:59:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"sustainability\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/nbe-to-loan-out-egp-6-bn-by-june-egp-600-mn-for-natgas-projects\/\",\"name\":\"NBE to loan out EGP 6 bn by June, EGP 600 mn for natgas projects - 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The company, formerly known as the Saudi Egyptian Construction Company, will use the loan to fund\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573691,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/national-bank-of-egypt-in-loan-talks-with-egoth-hotac-to-finance-hotel-renovations\/","url_meta":{"origin":601120,"position":1},"title":"National Bank of Egypt in loan talks with EGOTH, HOTAC to finance hotel renovations","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with the National Bank of Egypt (NBE) for a EGP 400 mn loan to finance renovations of the Sofitel Winter Palace Hotel in Luxor, according to the local press. EGOTH \u2014 which is a subsidiary of The Holding\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593780,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/09\/elab-to-obtain-egp-1-bn-syndicated-loan-led-by-the-national-bank-of-egypt\/","url_meta":{"origin":601120,"position":2},"title":"ELAB to obtain EGP 1 bn syndicated loan led by the National Bank of Egypt","author":"enterpriseam admin","date":"9 October 2019","format":false,"excerpt":"The National Bank of Egypt (NBE) is acting as lead arranger for a EGP 1 bn, seven-year syndicated loan for state-owned Egyptian Linear Alkyl Benzene (ELAB) to finance the company\u2019s 2020 expansion plans, sources told Al Mal. The NBE approached Banque du Caire, the Export Development Bank Of Egypt, and\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599859,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/nbe-looks-to-arrange-egp-2-4-bn-syndicated-loan-for-egpc\/","url_meta":{"origin":601120,"position":3},"title":"NBE looks to arrange EGP 2.4 bn syndicated loan for EGPC","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"The National Bank of Egypt is in talks with local banks to arrange a EGP 2.4 bn syndicated loan for the Egyptian General Petroleum Company (EGPC), banking sources told Al Shorouk. 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