{"id":645039,"date":"2017-07-10T04:29:19","date_gmt":"2017-07-10T04:29:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/"},"modified":"2017-07-10T04:29:19","modified_gmt":"2017-07-10T04:29:19","slug":"banque-misr-nbe-set-growth-targets-for-fy2017-18","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/","title":{"rendered":"Banque Misr, NBE set growth targets for FY2017-18"},"content":{"rendered":"<p>Banque Misr is looking to secure a 20% growth average across its operational board in FY2017-18, Vice President Akef El Maghraby <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=09072017&id=74f36d2b-bc08-4e10-ba7b-3859b8fec753\">tells Al Shorouk<\/a>. The bank\u2019s strategy will be mainly focused on expanding its SME lending portfolio, which currently stands at EGP 4.5 bn. The National Bank of Egypt is also targeting growth levels of 15-20% in its loans and deposits for the FY, Vice President Yehia Aboul Fotouh <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=09072017&id=971eece9-9f79-4995-98b4-4ed4821899f3\">tells the newspaper<\/a>. The bank\u2019s net profits in FY2016-17 remained unchanged from the previous year at EGP 12.5 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr is looking to secure a 20% growth average across its operational board in FY2017-18, Vice President Akef El Maghraby tells Al Shorouk. The bank\u2019s strategy will be mainly focused on expanding its SME lending portfolio, which currently stands at EGP 4.5 bn. The National Bank of Egypt is also targeting growth levels of [&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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645039","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"50ac57f3-7bbf-4080-87f8-9fd6627b4d06","order":"0","is_powered_by":true,"section_story_id":"9bb6b2cd-13c1-4a12-ad34-70ae8e13b527","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644997],"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>Banque Misr, NBE set growth targets for FY2017-18 - 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\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr, NBE set growth targets for FY2017-18\" \/>\n<meta property=\"og:description\" content=\"Banque Misr is looking to secure a 20% growth average across its operational board in FY2017-18, Vice President Akef El Maghraby tells Al Shorouk. The bank\u2019s strategy will be mainly focused on expanding its SME lending portfolio, which currently stands at EGP 4.5 bn. The National Bank of Egypt is also targeting growth levels of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-10T04:29:19+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\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr, NBE set growth targets for FY2017-18\",\"datePublished\":\"2017-07-10T04:29:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\",\"name\":\"Banque Misr, NBE set growth targets for FY2017-18 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-10T04:29:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banque Misr, NBE set growth targets for FY2017-18\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Banque Misr, NBE set growth targets for FY2017-18 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/","og_locale":"en_US","og_type":"article","og_title":"Banque Misr, NBE set growth targets for FY2017-18","og_description":"Banque Misr is looking to secure a 20% growth average across its operational board in FY2017-18, Vice President Akef El Maghraby tells Al Shorouk. 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The bank is looking to redirect the funds towards new projects in sectors such as tech and is currently running an evaluation to determine which companies\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":558503,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/15\/banque-misr-eyeing-green-bonds-ci-capital-misr-capital-integration\/","url_meta":{"origin":645039,"position":1},"title":"Banque Misr eyeing green bonds, CI Capital + Misr Capital integration?","author":"enterpriseam admin","date":"15 August 2021","format":false,"excerpt":"Banque Misr green bond issuance in the works? Banque Misr could soon be following the likes of CIB and the Finance Ministry by issuing its very own green bonds to investors, according to Al Mal. The state-owned bank is exploring the possibility of selling the climate-focused securities, Vice Chairman Akef\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\/2021\/8\/160.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645838,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/banque-misr-looks-to-borrow-usd-1-bn-from-intl-banks-in-fy2017-18\/","url_meta":{"origin":645039,"position":2},"title":"Banque Misr looks to borrow USD 1 bn from int\u2019l banks in FY2017-18","author":"enterpriseam admin","date":"31 July 2017","format":false,"excerpt":"Banque Misr is looking to borrow USD 1 bn from international financing institutions during FY2017-18, Banque Misr Vice Chairman Akef El Maghraby said on Sunday, Al Borsa reports. The European Bank for Reconstruction and Development is expected to vote on a USD 500 mn facility for the bank in September,\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":576003,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/","url_meta":{"origin":645039,"position":3},"title":"Banque Misr could provide EGP 6.6 bn in sharia compliant loans to seven real estate developers","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"Banque Misr could provide EGP 6.6 bn in sharia-compliant loans to seven real estate developers, Al Shorouk reports, citing unnamed banking sources. The loans include EGP 1 bn for Badr El Din Real Estate Investment to develop residential housing in New Cairo, Sheikh Zayed and the North Coast, and another\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":560929,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/misr-capital-wont-merge-with-ci-capital-for-now\/","url_meta":{"origin":645039,"position":4},"title":"Misr Capital won\u2019t merge with CI Capital (for now)","author":"enterpriseam admin","date":"18 March 2021","format":false,"excerpt":"Banque Misr is likely keeping its investment arm, Misr Capital, separate from CI Capital, in which it now holds a 90% stake, Deputy Chairman Akef El Maghraby told Al Arabiya yesterday. The state-owned lender could \u201cintegrate\u201d the activities of the two investment arms and will likely combine some operations, including\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/236.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571460,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/12\/mnhd-signs-egp-2-1-bn-loan-agreement-with-nbe-aaib-and-banque-misr\/","url_meta":{"origin":645039,"position":5},"title":"MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr","author":"enterpriseam admin","date":"12 May 2020","format":false,"excerpt":"Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of Egypt, the Arab African International Bank and Banque Misr, the local press reports. 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