Egypt, Cyprus sign deal for electricity grid link    World Bank working on various programmes in Egypt to boost productivity    Russia to lift COVID restrictions on flights to Egypt's Red Sea resorts on Nov. 9    Egypt, Greece ink deal for first subsea power link between Europe and Africa    Egypt to be listed on JP Morgan emerging bond index late January 2022    Egypt hosts regional conference of EU refugee agency EASO    SCOHRE sparks discussion on harm reduction, tobacco control    Egypt to receive first of six high-trains from Spain's Talgo in mid-November    Healthy food brand Abu Auf plans Egypt IPO in Q2-2022    Egypt's iron and steel exports jump 197% in 8 months    Ethiopia halts work at its embassy in Egypt for 'economic reasons'    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Over 100 officials resign from Tunisia's main Islamist party    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egyptian court bans use of mosques for political purposes    Brazil calls up 8 EPL players for World Cup qualifying    Refugees in fear as sentiment turns against them in Turkey    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Sisi calls on House, Senate to commence second legislative sessions on 3, 5 October    Huawei Technologies has invested $10 mln over 5 years in innovation centres in Egypt    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    Qa'a play showing at Lycee El Horreya Theatre, Alexandria is a must go    Orange Egypt Introduces Amazon Prime Video    Tokyo Olympics: Cautious opening ceremony, shy start for Egyptians in competitions    Mallawi Museum in Upper Egypt holds recycling workshop for children during Eid Al-Adha    Egypt keen on stable tax policies to attract more investors: Finance Minister    Sudan declares state of emergency as water goes beyond Merowe Dam capacity    Niagara Falls illuminated in Egyptian flag to mark 23 July Revolution anniversary    Capital flows into EM keep recovering after March 2020 slump: Central Bank of Egypt    1 child orphaned every 12 seconds due to COVID-19-associated death: World Bank    Egypt, Japanese Olympic Committee discuss boosting sports cooperation    US emphasises AU's role in mediating Ethiopian damdispute    Ethiopia ready to resume dam talks with no legally binding agreements: Ethiopian official    Sunken city of Thônis-Heracleion in Egypt's Abu Qir bay yields new archaeological treasures    New films, concerts, and destinations for Eid Al-Adha holidays    Egypt, Oman discuss enhancing bilateral economic, investment relations    Al Ahly v Kaizer Chiefs: Cairo giants eye 10th CAF Champions League title    Tunisia hopes to have a UN role in resolving Egypt-Ethiopia dam dispute    APO Group enters new exclusive agreement with Getty Images on African press releases and images    On International Museum Day, Egypt opens two new museums at Cairo Airport    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    

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Global Finance: Egypt's NBE, Banque Misr among 50 safest banks worldwide
Published in Amwal Al Ghad on 19 - 09 - 2021

Global Finance Magazine has on Thursday listed Egypt's two biggest state lenders, the National Bank of Egypt (NBE) and Banque Misr among the world's 50 safest banks.
NBE and Banque Misr ranked 9th and 10th, respectively as the safest banks in Africa.
South Africa has had the lion's share in the magazine's list, with five of its banks taking the fourth through the eighth spots.
Three Moroccan banks attained the first three positions. Attijariwafa Bank maintained its top ranking for the second year running.
Global Finance's list of Safest Banks across Africa is part of its annual rankings of the World's Safest Banks.
The full list is expected to be released in the November print and digital editions of the magazine, and online on
The full report will include the World's 50 Safest Banks, World's 50 Safest Commercial Banks, Safest Banks by Country, 50 Safest Banks in Emerging Markets, Safest Islamic Financial Institutions in the GCC, and Safest Banks by Region (Africa, Asia, Australasia, Central and Eastern Europe, Latin America, the Middle East, North America, and Western Europe.)
"The past year demonstrates the resilience of the banking sector, which stood as a bulwark against collapse during the coronavirus pandemic, supplying critical emergency funding as well as, in many cases, emergency equipment and supplies," Joseph Giarraputo, publisher and editorial director of Global Finance, said.
Giarraputo added that the safest banks are paragons of stability, and continue to provide the support for governments and communities necessary to recover from the COVID-19 pandemic's economic shocks.
Banks were chosen through an evaluation of long-term foreign currency ratings — from Moody's, Standard & Poor's, and Fitch — of the 500 largest banks worldwide.
On September 5, Global Finance has named Egyptian central bank governor Tarek Amer among the top 10 central bank governors list for 2021, awarding him an "A" grade.
The list comprises central bank governors who earned "A" or "A-" grades as part of the Global Finance's Central Banker Report Cards 2021.

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