{"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":"

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<\/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":"

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 […]<\/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":"\nNBE 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. 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 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-07T04:38:03+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\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE says it will net almost EGP 12.5 bn in FY2016-17\",\"datePublished\":\"2017-03-07T04:38:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\"},\"wordCount\":93,\"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\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\",\"name\":\"NBE says it will net almost EGP 12.5 bn in FY2016-17 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-07T04:38:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBE says it will net almost EGP 12.5 bn in FY2016-17\"}]},{\"@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":"NBE says it will net almost EGP 12.5 bn in FY2016-17 - 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\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/","og_locale":"en_US","og_type":"article","og_title":"NBE says it will net almost EGP 12.5 bn in FY2016-17","og_description":"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 […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-03-07T04:38:03+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"NBE says it will net almost EGP 12.5 bn in FY2016-17","datePublished":"2017-03-07T04:38:03+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/"},"wordCount":93,"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\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/","name":"NBE says it will net almost EGP 12.5 bn in FY2016-17 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-03-07T04:38:03+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/nbe-says-it-will-net-almost-egp-12-5-bn-in-fy2016-17\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"NBE says it will net almost EGP 12.5 bn in FY2016-17"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":578632,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/09\/newly-introduced-25-cds-see-massive-demand-in-first-two-days-big-two-bag-usd-700-mn-facility\/","url_meta":{"origin":649739,"position":0},"title":"Newly introduced 25% CDs see massive demand in first two days + Big Two bag USD 700 mn facility","author":"enterpriseam admin","date":"9 January 2023","format":false,"excerpt":"The newly released 25% certificates of deposit have raked in almost EGP 100 bn in a matter of days \u2014 and the two state banks offering them have reportedly secured a major loan to meet local demand for hard currency.Savers poured nearly EGP 100 bn into newly introduced record-high yield\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572502,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/national-bank-of-egypt-banque-misr-sell-egp-203-bn-of-high-yield-certificates\/","url_meta":{"origin":649739,"position":1},"title":"National Bank of Egypt, Banque Misr sell EGP 203 bn of high-yield certificates","author":"enterpriseam admin","date":"28 June 2020","format":false,"excerpt":"State-owned banks sell EGP 203 bn of 15% savings certificates: The National Bank of Egypt (NBE) has sold EGP 147 bn-worth of its high-interest savings certificates as of the end of last week, NBE Vice President Yehia Aboul Fotouh said, according to the local press. Meanwhile, Banque Misr has sold\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574690,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/whos-in-the-market-for-debt-rooya-egypt-kuwait-holdings-nile-wood\/","url_meta":{"origin":649739,"position":2},"title":"Who\u2019s in the market for debt: Rooya + Egypt Kuwait Holding\u2019s Nile Wood","author":"enterpriseam admin","date":"17 September 2020","format":false,"excerpt":"The National Bank of Egypt (NBE) and Egypt Kuwait Holding\u2019s (EKH) Nile Wood have signed a EGP 794 mn loan agreement to finance the construction of a planned EGP 1.37 bn factory in Sadat City to produce medium-density fibreboard, NBE Vice President Yehia Aboul Fotouh said, according to Al Masry\u2026","rel":"","context":"In "Banking + Finance"","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":571448,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/12\/national-bank-of-egypt-banque-misr-sell-egp-121-bn-of-high-yield-certificates\/","url_meta":{"origin":649739,"position":3},"title":"National Bank of Egypt, Banque Misr sell EGP 121 bn of high-yield certificates","author":"enterpriseam admin","date":"12 May 2020","format":false,"excerpt":"State banks sell EGP 121 bn of high-interest saving certificates: National Bank of Egypt (NBE) has sold EGP 82 bn of its 15% fixed-rate certificates, while Banque Misr (BM) sold EGP 39 bn-worth of the same product, BM Chairman Mohamed El Etreby and NBE Deputy Chairman Yehia Aboul Fotouh were\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645039,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/banque-misr-nbe-set-growth-targets-for-fy2017-18\/","url_meta":{"origin":649739,"position":4},"title":"Banque Misr, NBE set growth targets for FY2017-18","author":"enterpriseam admin","date":"10 July 2017","format":false,"excerpt":"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\u2026","rel":"","context":"In "Banking + Finance"","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":590806,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/26\/banque-misr-nbe-are-back-with-another-round-of-usd-certificates-to-draw-more-fx-into-the-banking-system\/","url_meta":{"origin":649739,"position":5},"title":"Banque Misr + NBE are back with another round of USD certificates to draw more FX into the banking system","author":"enterpriseam admin","date":"26 July 2023","format":false,"excerpt":"The state banks will begin offering two three-year certificates offering 7% and 9% annual rates from today","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1038.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=649739"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649739\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649701"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649739"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649739"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}