Mendy fires late winner as Real struggle to beat 10-man Atalanta    Portuguese connection sparks City's 2-0 win v Gladbach in CL    Egypt detects 644 new coronavirus infections; 52 fatalities on Wednesday    Sudan launches monthly cash allowances to ease economic pain    African free trade area rules of origin should be finalised in June – official    UN says 41 Europe-bound migrants drown in Mediterranean    Egypt's PM orders formation of committee to facilitate registration of real estate    Turkish pilots, official get 4-year jail over Ghosn escape    Biden moves to reengage with Palestinians after Israel focus    India warns states of worsening COVID-19 situation if rules ignored    Vodafone Egypt signs MoU to acquire 20% in fintech players Bee and Masary    Telecom Egypt achieves 10% higher consolidated profits in 2020    Big jump in vaccine supply is coming soon: Drug executives    Egyptians can register for COVID-19 vaccine next Sunday    Live score: Borussia Moenchengladbach v Manchester City (UEFA Champions League)    Iraq's struggling Christians hope for boost from pope visit    Eschewing the radical    Senate prepares for its first session    Cairo theatres programme: 25 February - 3 March 2021    Diversified and at eye-level: German-Egyptian archaeological cooperation    Egypt's Sarwa Insurance partners with Hannover Re to offer COVID-19 related travel insurance    Tales of the city    Mohamed Bazoum solidifies lead in Niger's presidential election runoff    Egypt to receive 300,000 doses of China Sinopharm's COVID-19 vaccine tonight    King Tutankhamun funerary mask is must-see tourist icon: The Telegraph    Russian flights to return to Sharm el-Sheikh and Hurghada for first time since 2015    Australia slams Facebook's move to block news as unnecessary and heavy-handed    Sisi calls on securing fair access to coronavirus vaccines for African nations    Egypt eyes gradual return for tourism after revenues fall to $4 bln in 2020    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    Coronavirus strikes Egypt's youth team as 17 players, coach test positive    Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers    Cairo International Book Fair suspended for five months over coronavirus concerns    Trump says won't blame Egypt for being ‘upset' over GERD dispute with Ethiopia    Egypt, Ethiopia, Sudan to resume Nile dam talks today    Global Finance: Egypt's Tarek Amer among the world's top 20 central bank governors    The Facebook Preacher's Search for Fame, and Egypt's Economy    Egypt calls on UNSC to address oil spill risks off Yemen coast    Egypt economically strong in face of COVID-19, reforms ongoing: International Cooperation Minister    Arafa Holding reports $144,000 COVID-19-related losses in April    Egypt's efforts in Libya to activate free will of Libyan people: Al-Sisi    Hyksos campaigns were internal takeover, not foreign invaders: study    COVID-19 affects Egypt sporting clubs    COVID-19 will soon turn to seasonal like swine flu: Presidential Health Advisor    ‘Egypt's Support' coalition convenes to discuss its Senate election list    Robbery attempt leads to discovery of Ptolemaic monuments in Qena    Flouting international guidance, Ethiopia unilaterally starts filling its Nile dam    Zaha speaks out after online racial abuse    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Personal loans dominate 77.5 % of NBE's retail banking portfolio
Published in Amwal Al Ghad on 24 - 01 - 2021

The personal loans are at the forefront of the National Bank of Egypt's (NBE) products, representing 77.5 percent of the bank's total retail banking portfolio according to Vice Chairperson Yahia Aboul Fotouh.
The volume of real estate financing by the end of December 2020 under the Central Bank of Egypt (CBE) initiative covering low-interest mortgage financing to the middle-income segment neared 10 billion given to 91,000 customers.
The NBE is eyeing a target of 12 billion under the initiative by the end of December 2021.
On the other hand, Aboul Fotouh revealed that the bank had succeeded in increasing its credit card portfolio to 1.3m cards at the end of December 2020. As part of this, the portfolio size commensurately increased to 7.3 billion pounds at the end of December 2020.
He pointed out that the bank had succeeded in issuing about 3.3m Meeza cards to many citizen segments, most of whom had not previously dealt with banks.


Clic here to read the story from its source.