Egypt's Ministry of finance will make its decision within the next two weeks on the capital increase of the National Investment Bank (NIB), said bank board member , according to Amwal ELGhad newspaper. NIB currently operates with total capital amounts to EGP 100 million. The state owned bank seeks to increase its capital to be at value of EGP 2 billion by the next fiscal year and then to be worth EGP 5 billion within 3 years, he added. An offical source stated that the capital increase will be through a direct financing from the Ministry of Finance. NIB was an affiliate of the Ministry of Finance for 10 years since inception until 2012, when the subsidiary has been transferred to the Ministry of Planning. The capital increase will be directed to improve the NIB's financial position, aiming to attract more deposits and savings as a prelude to be transferred into a commercial bank, subject to the Central Bank's regulations.