{"id":649739,"date":"2017-03-07T04:38:03","date_gmt":"2017-03-07T04:38:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/"},"modified":"2017-03-07T04:38:03","modified_gmt":"2017-03-07T04:38:03","slug":"nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/","title":{"rendered":"NBE says it will net almost EGP 12.5 bn in FY2016-17"},"content":{"rendered":"<p>National Bank of Egypt (NBE) expects to match its profit levels of EGP 12.5 bn recorded in FY2015-16 after making EGP 6 bn in 1H2016-17, Deputy Chairman Yehia Aboul Fotouh told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325024\">Al Mal<\/a>. He says the bank\u2019s credit portfolio increased by 50% y-o-y by December\u2019s end, recording EGP 350 bn, with deposits also up by 34% y-o-y to EGP 750 bn. Aboul Fotouh also noted that NBE\u2019s AGM agreed to increase the bank\u2019s paid-in capital by EGP 13.65 bn to reach EGP 28.65 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank of Egypt (NBE) expects to match its profit levels of EGP 12.5 bn recorded in FY2015-16 after making EGP 6 bn in 1H2016-17, Deputy Chairman Yehia Aboul Fotouh told Al Mal. He says the bank\u2019s credit portfolio increased by 50% y-o-y by December\u2019s end, recording EGP 350 bn, with deposits also up by [&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-649739","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"44196454-5db3-4c48-a31f-893e1c07ab18","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649701],"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 says it will net almost EGP 12.5 bn in FY2016-17 - 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\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE says it will net almost EGP 12.5 bn in FY2016-17\" \/>\n<meta property=\"og:description\" content=\"National Bank of Egypt (NBE) expects to match its profit levels of EGP 12.5 bn recorded in FY2015-16 after making EGP 6 bn in 1H2016-17, Deputy Chairman Yehia Aboul Fotouh told Al Mal. 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